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Raising the bar on BEE

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Kumba Iron Ore’s windfall BEE payout has restored confidence in black economic empowerment.

Implats seals wage deal

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Impala Platinum says it has reached a two-year wage deal with the National Union of Mineworkers, averting a possible a strike at the miner.

Shanduka seeks controlling stake in coal JV

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Shanduka Group hopes to conclude a deal before the end of the year which will increase its stake in a coal venture with Glencore to a controlling one, reports Business Day.

Sata’s clean sweep gets thumbs up

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Since his upset Sept. 20 election victory, former opposition Michael Sata has made his mark on Africa's biggest copper producer.

Kasukuwere calls time on tardy miners

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Saviour Kasukuwere, Zimbabwe's youth, indigenisation and empowerment minister, says the country will move quietly in seizing shares of companies failing to have met the indigenisation deadline.

Amsa confirms ICT deal is dead

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ArcelorMittal SA, the local arm of the world's largest steel maker, has confirmed it has canned its acquisition of Imperial Crown Trading for R800m.

DRC mining audit not a new review – official

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A proposed audit by the DRC's state mining firm of its joint venture partnerships should not be mistaken for a new mining contract review, says a government official.

Zambian workers strike over pay

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About 2,000 Zambian workers at NFC Africa Mining, majority-owned by China Nonferrous Metals Mining Corporation, have gone on a strike.

The gospel according to Mark

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AngloGold Ashanti CEO Mark Cutifani has in the four years since his unheralded appointment done as much to conserve features of the company as change it.

Zambia lifts metals export ban

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Zambia has lifted a ban on metal exports just two days after imposing it to sort out irregularities and increase transparency, says a minerals ministry official.