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Sata’s Zambian win no cause for panic

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Mining investors may react with some nervousness to the election of Michael Sata as president of Zambia, but his victory will not trigger a significant "run for the door'.

‘King Cobra’ Sata wins Zambia presidential race

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Zambian opposition leader Michael Sata has been declared the winner of Zambia's presidential election, ousting incumbent Rupiah Banda as the leader of Africa's biggest copper producer.

Gold price spurs drive to get more from dumps

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The vast majority of South Africa's gold lies deep underground but atop the mine dumps scattered around Johannesburg, you can actually walk on the stuff.

Nationalisation debate not healthy, says Phosa

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The picking of sides in the debate on nationalisation is not healthy for the country, given its history, says ANC treasurer general Mathews Phosa.

DiamondCorp confident over fundraising

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DiamondCorp will need to raise more funds within the next 12 months to continue with the development of its Lace mine in the Free State.

‘King Cobra’ Sata leads Zambia election count

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Opposition leader Michael Sata has taken a lead in Zambia's presidential election, with 10% of votes counted.

Production disruption at Village’s Cons Murch

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Village Main Reef says it has started a process to dismiss employees that have been participating in unprotected strike action at its Consolidated Murchison mine in Limpopo.

Rand off lows but still vulnerable

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The rand has bounced from a two-year low against the dollar, but is still under pressure a day after recording its biggest daily fall since October 2008.

Gold weakens on dollar rally

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Spot gold has slipped under the weight of a rallying dollar, after falling more than 1% in the previous session, when the US Federal Reserve offered a grim economic outlook.

Buy platinum metal, not the shares – JP Morgan

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Investors should go for physical platinum and palladium in the short-term as the platinum mining companies battle operational headwinds, according to JP Morgan Cazenove.