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SA Govt adopting subtle pro-business stance

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Behind the massive infrastructure drive that was recently announced in South Africa is an evolving strategy that going pro-business is the only way to create jobs.

Mozambique rejects Rio barging plan

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Plans by Rio Tinto to barge coking coal mined from its Riversdale operation down Mozambique's Zambezi river have been scotched by the country's government.

Tsvangirai condemns Zim indigenisation

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Zimbabweans didn't have the resources to buy the equity on offer in terms of that country's indigenisation strategy, said prime minister Morgan Tsvangirai.

Firestone to lift output on Eskom, investor talks

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Coal supply negotiations with Eskom and an unnamed multinational will result in Firestone Energy radically increasing proposed production from its Waterberg project.

Coking coal, copper markets ‘tight’: Rio

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Rio Tinto says the markets for copper and coking coal would remain 'tight' although it could not rule out continued volatility.

Malema expelled from ANC

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Julius Malema was found to have 'reneged on his membership' oath and was therefore expelled from the ANC, the ruling party said last night.

Implats’ Brown says no exit from Zimbabwe

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Impala Platinum CEO, David Brown, said the company has no intention of exiting its Zimbabwean investments despite intense pressure from the country's indigenisation minister, Saviour Kasukuwere.

IFM agrees to shut two furnaces

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Eskom has agreed to buy back power from International Ferro Metals which has agreed to shut two furnaces in deals most likely similar to shut downs at Rukkii, Xstrata and Samancor.

Miranda declared ready to start coal mining

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Miranda Minerals said it was over its business travails and, with a fresh balance sheet, was looking forward to producing coal from the KwaZulu-Natal province.

Kasukuwere lashes out at talkative Brown

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Saviour Kasukuwere, minister for Youth Development, Indigenisation and Empowerment has said he is 'sick and tired' of Impala CEO David Brown's 'delaying tactics'.