Beneficiation ‘no jobs panacea’
Beneficiation is not the solution to end all problems as far as job creation in the mining industry is concerned, says the National Planning Commission.
Nationalisation dead in water: Godsell
Bobby Godsell, speaking in Toronto, said nationalisation could not be afforded and required changing South Africa's Bill of Rights.
Optimum secures R2.2bn in credit
Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.
Anglo snubs Codelco in $5.4bn Chilean deal
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.
Gold Fields delivers record earnings
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.
ANC cripples Malema nationalisation drive
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.
Julius Malema on full pay until appeal
ANC Youth League leader Julius Malema has to "vacate his position", says the party's national disciplinary committee.
Cabinet approves beneficiation guidelines
Cabinet has approved implementation plans for the minerals beneficiation strategy, says government spokesman Jimmy Manyi.
Zimbabwe seeking readmission to LBMA
Zimbabwe is seeking readmission to the London Bullion Market Association, according to a report by Zimbabwe's Herald.
Impala weighs Leeuwkop decision
Impala Platinum is still deciding on whether or not it will press ahead with the R10bn Afplats Leeuwkop project near Brits in the North West province.