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State intervention study complete

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A study that took in state intervention in the mining economies of countries Venezuela, Malaysia, China and Zambia has been handed to the ANC's policy committee, a newspaper reported.

Beneficiation ‘no jobs panacea’

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Beneficiation is not the solution to end all problems as far as job creation in the mining industry is concerned, says the National Planning Commission.

Anglo snubs Codelco in $5.4bn Chilean deal

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UPDATED: Anglo American has sold a 24.5% share of its Chilean operations in a bid to negate the eventuality of that country’s state-owned Codelco taking a significant stake in those assets.

Optimum secures R2.2bn in credit

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Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.

ANC cripples Malema nationalisation drive

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Julius Malema, president of the ANC Youth League, has been suspended from the organisation for five years, raising questions about whether nationalisation will dominate its policy-making conference.

Gold Fields delivers record earnings

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Gold Fields has reported record earnings for the September quarter, but the numbers were boosted by greater attributable gold production from West Africa following the take-out of minorities.

Julius Malema on full pay until appeal

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ANC Youth League leader Julius Malema has to "vacate his position", says the party's national disciplinary committee.

Cabinet approves beneficiation guidelines

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Cabinet has approved implementation plans for the minerals beneficiation strategy, says government spokesman Jimmy Manyi.

Malema snubs mining forum

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ANC Youth League president Julius Malema has snubbed the Mining for Change forum by not turning up to deliver his address as keynote speaker.

Zimbabwe seeking readmission to LBMA

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Zimbabwe is seeking readmission to the London Bullion Market Association, according to a report by Zimbabwe's Herald.