ANC wraps up Malema hearing, to rule this week
The African National Congress will announce its decision this week on disciplinary charges against its youth leader, Julius Malema, says a senior official.
Amplats in R3.5bn community plan
Anglo American Platinum says it will implement a R3.5bn deal that will give 2.33% of the group to communities where it operates.
Wescoal goes to court over wind-up request
Wescoal has applied to the North Gauteng High Court to set aside an application for the winding up of the company.
Oppenheimers sell out of De Beers
After more than a century's involvement in diamonds, the Oppenheimer family is to bid goodbye to its 40% stake in De Beers after it accepted a $5.1bn offer from Anglo American.
Carroll rules out De Beers IPO
UPDATED: Anglo American’s dilemma with Codelco has no bearing on its decision to buy-out the Oppenheimers’ stake in De Beers. It also has no intention to list the diamond miner, says the company.
The Oppenheimers eye new projects in Africa
Nicky Oppenheimer has no intention of leaving the $5.1bn he will get from Anglo American for De Beers in the bank. He and son Jonathan intend using some of the proceeds to go mining in Africa.
Compromise on Marange diamonds ‘necessary’
The US has agreed to a compromise allowing Zimbabwe to export diamonds, to prevent the paralysis of the global system for stopping trade in "blood diamonds", says its State Department.
Pleming to help launch global fund
David Pleming, who carved a name for himself dominating the investment analyst rankings, is to help launch a US-domiciled hedge fund.
Amsa slips into Q3 loss
ArcelorMittal SA has reported a third-quarter loss due to higher costs and lower steel prices, but says earnings in the following three months will improve
Amplats stops production to highlight safety
Amplats is to halt production at all of its operations to highlight the importance of safety and to remember colleagues who have lost their lives.