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Rio Tinto may sell aluminium assets

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Rio Tinto is considering spinning off part of its Australian aluminium assets as a planned carbon tax will raise costs and lower margins, reads a report.

Ruling ties DMR’s hand in municipalities

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The Special Court of Appeal has in two separate judgments curtailed the powers of the Minister of Mineral Resources in relation to the granting of mining rights in municipal areas.

Exxaro to spin out titanium business

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Exxaro Resources is to spin off its heavy minerals sands operations into a separate company which will be listed on the New York Stock Exchange.

Obey rules, Sata tells China

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New Zambian President Michael Sata has told Beijing he welcomes Chinese companies investing in the country, but only if they obey the law and employ more Zambian workers.

Zambia’s kwacha recovers after election slide

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Zambia's kwacha has gained 2.4% as it recovers from losses triggered by the upset election victory of opposition leader Michael Sata.

Gold already 20% down from high

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The gold price is in free fall, but the fundamentals for the yellow metal remain strong, analysts say.

‘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.

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.

Peru raises mining taxes to fund social programs

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Peru's Congress has raised taxes and royalties on the lucrative mining sector, handing a legislative victory to leftist President Ollanta Humala.

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.