DRC to allow Anvil-Minmetals deal to proceed
Minmetals Resources says its acquisition of Anvil Mining will proceed now that the two firms have reached an agreement with minority stakeholders in the DRC.
Zim, Guptas part ways
Lazarus Zim has confirmed that he severed all business ties with the Gupta family last
year, ending a relationship plagued by controversy.
Platinum on the back foot
The platinum sector has seemingly "caught the gold disease', with difficult days
ahead for both producers and investors.
De Beers coy on 2012’s prospects
De Beers CEO Philippe Mellier is cautious over the diamond market’s near-term
prospects, saying the group will prioritise maintenance backlogs and waste stripping
this year.
Zuma promises ‘competitive’ mining sector
President Jacob Zuma has promised to keep the country's powerful mining sector "globally competitive".
ANC paper deplores SA’s poor skills base
SA’s development plans are bound for failure if the country does not improve its levels
of technical training and technology development, reads the ANC’s document on
mining.
Desperate Aquarius’s share price tumbles
Aquarius Platinum’s earlier warning that its interim figures would be less than flattering
has not prepared the market for the severity of the predicaments the group is facing.
Optimum RBCT coal exports to fall
A combination of industrial action and the relocation of draglines would mean lower
exports from Optimum Coal for the remainder of its financial year.
Kumba FY earnings up on higher iron ore prices
Kumba Iron Ore has reported a rise in full-year profit, boosted by higher iron ore prices and says it expects export volumes to rise in the current financial year.
Zuma doubles TFR budget to R200bn
President Jacob Zuma said rail would account for R200bn of the R300bn Transnet
would spend over the next seven years.