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Anglo, MPs in face-off over BEE targets

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Anglo American’s Godrey Gomwe has told parliament the group has already reached a black ownership target of 26%, and that figures suggesting otherwise were calculated incorrectly.

Botswana to dominate SA in diamond cutting

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Botswana is going to far outclass SA when it comes to the local beneficiation of diamonds, following the new marketing deal it has negotiated with De Beers.

CFM to upgrade Sena line by early 2013

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Mozambique's ports and railways company CFM expects to complete a refurbishment of the Sena rail line linking the Beira port with coal mines in the Tete province by early 2013.

Gecamines refuses to publish mining contracts

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Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts.

Diamond watchdog okays Zimbabwe sales

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Zimbabwe has been allowed to export diamonds from its Marange fields by the industry's top certification system, says an industry group.

Randgold rallies as Bristow walks the talk

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Shares in Randgold Resources have gained more than 7% after a strong set of results affirmed the erstwhile exploration start-up’s ability to be a one million ounces producer by 2015.

SA needs growth, not nationalisation says Godsell

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SA needs to double the size of its economy within 20 years to deal with current social and economic inequalities, says Business Leadership SA chair Bobby Godsell.

BHP approves Caval Ridge development

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BHP Billiton has approved development of the Caval Ridge Mine project and expansion of the Peak Downs Mine in the northern Bowen Basin in Central Queensland, Australia.

Num, Exxaro agree on wage deal

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The National Union of Mineworkers says it has agreed a wage deal with Exxaro for workers that do not fall under wage deals struck earlier by the Chamber of Mines.

CoAL to raise another $40m in debt

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Coal of Africa is close to finalising a new $40m debt facility, but will need to raise more funds to pay for its short and medium term growth plans.