Harmony mulls dividends linked to gold
Harmony would consider paying dividends linked to the gold price which continues to test fresh highs amid global economic recession concerns.
“I am fit,” Zimbabwe’s Mugabe declares
Zimbabwean president Robert Mugabe declared he was fit and well despite Wikileaks cables suggesting he had prostate cancer and that he would pass away in three to five years.
Zimplats Q1 output down
Zimplats says metal production has fallen 13% during the September-quarter, but the company is on track to submit a revised local ownership plan in November.
Anvil bid hits Gecamines snag
A $1.3bn bid by Minmetals Resources for Anvil Mining, the Congo copper producer, hit an unforseen bid when the Congolese government suggested a contract review might be necessary.
Firestone negotiating Eskom supply deal
Firestone Energy said it would renegotiate the terms of a memorandum of understanding with Eskom in which supply and delivery period was expected to change.
Harmony Gold Q1 jumps three-fold
Harmony Gold has posted a more than three-fold increase in quarterly earnings, beating expectations on bullion's record run.
ANC wary of Chinese bid for Pamodzi
The ANC in parliament has told trade unions to be sceptical of the R150m offer by China African Precious Metals for the bankrupt Pamodzi Gold’s Orkney mine.
Chile warns Anglo to honour Codelco option
Chile has cautioned Anglo American that the company must honour Codelco's option to buy a 49% stake in key properties in Chile, which is seen bruising a surprised Anglo.
Fury over Medupi delay
A 10-month delay in commissioning Medupi’s first generating unit will cause huge electricity and financial problems for the country's mining industry.
Making mining pay
The debate on mining providing wealth for future generations is clouded by the political pressure to make mining pay, rather than first growing it as an industry.