CoAL shares jump on Vele deal
Coal of Africa has taken another step to secure its tenure over the Vele project by agreeing to measures aimed at offsetting its activities in the environmentally sensitive area.
Glencore, Ramaphosa unveil Optimum bid
A consortium consisting of Glencore and businessman Cyril Ramaphosa has unveiled terms of a R34/share bid for Optimum Coal, but a counter offer has already been made.
India coal demand to power Botswana
Once a dream, the prospect of a Trans-Kalahari railway transporting millions of tonnes of Botswana coal could now become reality as Indian demand forces the country to help finance the rail link.
Get a grip on reality – Motsepe
SA’s business community is impotent at affecting policy decisions - such as nationalisation - and needs to work at it, says ARM chairperson Patrice Motsepe.
Zimbabwe pledges leniency on indigenisation
Zimbabwe won't "force indigenisation down investors' throats", says the country's Minister for Economic Planning and Investment Promotion.
Rio: surge in iron ore demand to continue
The world needs at least 100 million tonnes of additional iron ore supply each year for the next eight years, says Rio Tinto.
Zimbabwe gives Rio ‘part approval’
Rio Tinto's Murowa diamond mine in Zimbabwe says it has been given "part approval" for its plan to comply with indigenisation legislation.
Nationalisation ‘put to bed’ in 2012
Investors will have clarity on nationalisation in SA by July next year, according to Sandile Nogxina, special advisor to Minister of Mineral Resources Susan Shabangu.
Num accepts Amplats wage offer
The National Union of Mineworkers has accepted platinum producer Anglo American Platinum's wage offer, says a union spokesperson.
ARM boosts full-year profit, dividend
Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.