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Zimbabwe’s Saviour an enigma

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Saviour Kasukuwere, the Zimbabwean government minister who has become the bane of foreign-owned businesses, is different things for different people.

Petmin profit flat, doubles Somkhele capacity

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Petmin has posted an interim net profit of R47m to end-December 2011, following a period of significant capital investment in its flagship Somkhele mine.

Work resumes at Gold One’s Modder East

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Gold One says worker attendance at the group's Modder East operations has returned to normal, following an unprotected strike.

CoAL awaits Exxaro’s buy-in in Makhado

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Coal of Africa hopes to secure Exxaro Resources’ buy-in in the development of the Makhado project - over which the diversified miner holds a 30% option - within months.

CoAL awaits Exxaro’s buy-in in Makhado

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Coal of Africa hopes to secure Exxaro Resources’ buy-in in the development of the Makhado project - over which the diversified miner holds a 30% option - within months.

Botswana launches state diamond trader

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Botswana has formed a new state-owned diamond trading company that will purchase, market and sell a portion of Debswana production, according to a report.

Sasol calls for calm heads in carbon tax debate

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David Constable, CEO of Sasol, said a carbon tax could hurt competitiveness in South Africa, and urged the country to stand back to consider "unintended consequences".

Resource rent proposal deters foreign funds

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A proposal to install a resource rent tax and make the state owned mining company more prominent in industry affairs is driving foreign funds from South Africa's shores.

Workers down tools at Gold One’s Modder East

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Gold One International said it had issued an ultimatum to striking workers at its Modder East mine and would consider dismissal as the walk out was unprotected.

Great Basin taps market for Burnstone funds

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Great Basin Gold has shored up its balance sheet again, raising R378m that is to protect the company against possible shocks at its Burnstone mine.