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Rio Tinto profits treble to $14bn

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Soaring commodities prices and strong growth in emerging markets have bolstered the annual profits of global mining giant Rio Tinto.

Zim mine fees rocket 2 000%

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Zimbabwe has hiked mining exploration fees to $1m in a bid to curb speculation.

Zuma speech raises nationalisation fears

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Critics are concerned that SA has shifted closer to nationalising its mines following President Jacob Zuma's State of the Nation speech.

Malema triumphant over Zuma speech

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ANC Youth League President Julius Malema says President Jacob Zuma's State of the Nation speech shows nationalisation is here to stay - and that the minister of mineral resources must take note.

Zuma: Beneficiation strategy a priority

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Adopting a mineral beneficiation strategy is a government priority, President Jacob Zuma has said in his State of the Nation address.

Shabangu ‘doesn’t answer to ANCYL’

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Mineral Resources Minister Susan Shabangu did not need to report back to the ANC Youth League about her position against the nationalisation of mines, her spokesperson says.

Mine licences revoked after tampering

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Licences for mining companies have been revoked and civil servants suspended from their jobs after application information was tampered with, Mines Minister Susan Shabangu says.

Japan plans to invest billions in Africa

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Japan is keen to invest "billions of dollars" in minerals and infrastructure in Africa, trying to catch up with regional rival China.

NAMF is back in business

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The second New Africa Mining Fund has set up shop with an initial $73.6m to invest in new mining ventures, provided they do not involve either diamonds or uranium.

Majali’s co-accused case postponed

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The fraud case against late businessman Sandile Majali's four co-accused has been postponed in the Specialised Commercial Crimes Court in Johannesburg.