Mugabe stands firm on indigenisation
Platinum and diamond miners hoping for wriggle room in indigenisation talks with Zimbabwe were reminded by the country's president there would be no change in the policy.
Namibia approves Gold One deal
A deal to secure a major Chinese shareholder was a step closer for Gold One today after Namibia gave the thumbs up to proposed transaction.
Eskom, Transnet to keep public service role
Transnet and Eskom would not be restructured, nor placed in private hands, said public enterprises minister, Malusi Gigaba.
SA half-year gold output stable
South African gold production for the first six months of this year was only 1% down on output for the corresponding period last year, the Chamber of Mines said.
Firestone raises R12.6m in share issue
Firestone Energy has issued 9.6% of its share capital and ceded rights to underground gasification on tenements owned by it and Sekoko Resources in an effort to further fund its Smitspan project.
Gold heads for $2,000 on India festival buying
Worries about Euro debt and the imminence of more physical buying by Indians despite record spot prices will drive gold ever higher, analysts say.
Rio Tinto to sell out of Palabora
Rio Tinto's retreat from South Africa continues with the news that it will sell its controlling stake in copper producer Palabora after getting rid of its Chapudi coal project last year.
NUM settles with ARM, Anglo Platinum
South Africa's National Union of Mineworkers (NUM) said on Monday it has reached a one-year wage deal with African Rainbow Minerals' Nkomati nickel mine.
Metorex sets up next DRC project
Metorex more than doubled profits in the six months to June which should please new
owners Jinchuan whose bid for the company was overwhelmingly accepted by
shareholders on Friday.
Motsepe SA’s richest man
Patrice Motsepe, executive chairperson of African Rainbow Minerals, is officially South Africa's Mr Moneybags.