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Harmony to cancel UK listing

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Harmony Gold Mining, SA's third largest gold producer, has said it was streamlining its listings by cancelling the listing of its shares in the UK.

Peru’s Humala tightens grip in Cabinet overhaul

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Peruvian President Ollanta Humala has sworn in a new team of ministers in a shake-up that may lead to harsher crackdowns on social protests.

Severstal takes control of Liberia iron project

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Severstal has said it reached an agreement to acquire the remaining 38.5% stake in the Putu iron ore project from Afferro for $65m, as well as possible future payments.

JSE index issues may hammer Amsa

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ArcelorMittal SA looks like it will be ejected from the FTSE/JSE Africa Top 40 index, but if its directors are losing sleep, it is more likely to be about the effects of two other factors.

Mwana Africa H1 loss narrows

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Mwana Africa has reported a narrower first-half loss, driven mainly by a jump in production at its Freda Rebecca gold mine in Zimbabwe.

Mimosa gives 10% to Zimbabwe locals

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Zimbabwe's Mimosa mine, a JV between Impala Platinum and Aquarius, has given a 10% stake to locals, says a government minister.

ANC warms to Chile mines policy

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If a mining model based on the "Miracle of Chile' is pursued, ideological, financial and political compromises lie in the wake for South Africa's mining industry.

African Barrick Gold to miss 2011 output target

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African Barrick Gold says it will fall short of its 2011 production target because of escalating power disruptions to national grid electricity supply in Tanzania.

Support grows for Durban climate deal

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Support has grown for an EU plan to agree a global climate change pact with binding targets by 2015, after poor nations forged alliances with developed countries.

Mugabe presses for vote, indigenisation

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Zimbabwe President Robert Mugabe has called for elections next year and says he will not back down in forcing foreign firms to sell majority stakes to blacks.