Anglo’s Carroll boosts her balance sheet
Anglo American CEO Cynthia Carroll took home less pay in 2010 than the year before, but her shares tally rose threefold, with more performance incentives in the pipeline.
Business seeks no detours to Presidency
Ongoing engagement at presidential level between business and government about the New Economic Growth Path will be the first outcome of last week's job-creation summit.
Govt mulls over acid drainage levy
Government is looking at introducing a tax on mines as a way or force them to pay for the drainage of acid mine water into the water system.
Mantashe rubbishes mines tax report
ANC secretary-general Gwede Mantashe has denied that the ruling party is considering changes to the country’s mining royalties system, according to Business Day.
Vale keeps steelmakers sweet on pricing
Top global iron ore miner Vale will stick with quarterly pricing for its steelmaker customers, sparing them for now a more market-sensitive system which they have fiercely resisted.
ANC mulls Aussie- style mines tax
Government may overhaul its minerals royalties regime to cash in on high commodity prices and may use Australia's controversial resources tax as a template, says a deputy minister.
Sierre Leone seeks to revise mining deals
Sierra Leone needs to revise recent large-scale mining leases to get a better deal for its people, says President Ernest Bai Koroma.
Diversified miners rake it in
Particularly pleasing aspects of the latest financial reporting season are the excellent performances from South Africa’s diversified miners African Rainbow Minerals and Exxaro Resources.
Manuel in new controversy
A beleaguered Trevor Manuel may face a further backlash after calling the ArcelorMittal empowerment deal, which benefits those close to President Jacob Zuma, "the ugliest face of BEE'.
Zim firms favour 26% local ownership
Zimbabwe's mining firms will be comfortable with selling stakes of 26% to local owners under a state plan that aims to eventually transfer majority control, the head of the mining chamber says.