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Julius Malema on full pay until appeal

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ANC Youth League leader Julius Malema has to "vacate his position", says the party's national disciplinary committee.

Cabinet approves beneficiation guidelines

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Cabinet has approved implementation plans for the minerals beneficiation strategy, says government spokesman Jimmy Manyi.

Optimum secures R2.2bn in credit

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Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.

Gold Fields delivers record earnings

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Gold Fields has reported record earnings for the September quarter, but the numbers were boosted by greater attributable gold production from West Africa following the take-out of minorities.

Anglo snubs Codelco in $5.4bn Chilean deal

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UPDATED: Anglo American has sold a 24.5% share of its Chilean operations in a bid to negate the eventuality of that country’s state-owned Codelco taking a significant stake in those assets.

ANC cripples Malema nationalisation drive

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Julius Malema, president of the ANC Youth League, has been suspended from the organisation for five years, raising questions about whether nationalisation will dominate its policy-making conference.

S&P warns on Anglo debt risk

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Ratings agency, Standard & Poor's, has said Anglo American's debt was at risk if it didn't receive funds from the anticipated deal with Codelco over Anglo American Sur.

Zimbabwe seeking readmission to LBMA

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Zimbabwe is seeking readmission to the London Bullion Market Association, according to a report by Zimbabwe's Herald.

‘Stingy’ AngloGold can pay more

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AngloGold Ashanti expects to pay a total dividend of almost double 2010’s 145c per share, but an analyst says investors should share significantly more in the spoils of gold's record run.

Malema snubs mining forum

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ANC Youth League president Julius Malema has snubbed the Mining for Change forum by not turning up to deliver his address as keynote speaker.