Sata’s Zambian win no cause for panic
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'.
Zambia opposition ahead in presidential vote
Zambia's opposition leader Michael Sata has held on to his lead over incumbent Rupiah Banda, in the race to become the next president of Africa's biggest copper producer.
Buy platinum metal, not the shares – JP Morgan
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.
Tanzania in $3bn Chinese coal, iron ore deal
China's Sichuan Hongda has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, says local media.
‘King Cobra’ Sata leads Zambia election count
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
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.
DiamondCorp confident over fundraising
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.
Copper crashes to lowest since 2010
Copper has crashed below the psychological $8,000/tonne level, as economic fears escalate on news of a manufacturing contraction in China combined with a grim outlook for the US economy.
Gold weakens on dollar rally
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.
Rand off lows but still vulnerable
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.