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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.

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.

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.

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.

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.

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.

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.

DRC delays election results again

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Election authorities in Democratic Republic of Congo have delayed the announcement of a winner in the country's presidential election for the second time this week.

Rio Tinto a likely future partner at Husab

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Rio Tinto may enter into another partnership with a Chinese firm, this time in Namibia, where it may be the preferred participant as China swoops on another strategic asset.

China Guangdong says Extract worth $2.2bn

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China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.