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Mugabe stands firm on indigenisation

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Platinum and diamond miners hoping for wriggle room in indigenisation talks with Zimbabwe were reminded by the country's president there would be no change in the policy.

Eskom, Transnet to keep public service role

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Transnet and Eskom would not be restructured, nor placed in private hands, said public enterprises minister, Malusi Gigaba.

Sallies gets approval for $2.8m loan

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Shareholders in Sallies approved $2.8m loan to help bolster the recommissioning of its Witkop mine.

Metorex sets up next DRC project

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Metorex more than doubled profits in the six months to June which should please new owners Jinchuan whose bid for the company was overwhelmingly accepted by shareholders on Friday.

Miranda sack Nel from board

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Upheaval continues at Miranda Mineral Holdings with non-executive director, Ron Nel, a former CEO of the company, removed from the board amid controversy.

Congo mining must be more transparent – IMF

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Democratic Republic of Congo could exceed a forecast 6.5% economic growth in 2011 but must do more to increase transparency in the mining sector, the IMF said

NUM settles with ARM, Anglo Platinum

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South Africa's National Union of Mineworkers (NUM) said on Monday it has reached a one-year wage deal with African Rainbow Minerals' Nkomati nickel mine.

Motsepe SA’s richest man

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Patrice Motsepe, executive chairperson of African Rainbow Minerals, is officially South Africa's Mr Moneybags.

Impala locked in Zim discussions

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Impala Platinum remained in talks with the Zimbabwe government about requirements to transfer a 51% stake in its Zimbabwe unit Zimplats to local blacks.

Namakwa may get $30m credit back

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Namakwa Diamonds, which owns Africa’s largest undeveloped diamond mine, is in discussions with its lender to reinstate a $30m credit line.