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Congo elections ‘flawed’, says US envoy

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Congo's elections, won by incumbent President Joseph Kabila according to provisional results, were seriously flawed, the US ambassador to the central African country said on Wednesday.

Firestone appoints Tebeila as chairman

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Firestone Energy has confirmed the appointment of Timothy Tebeila as its new chairman, following the resignation of David Perkins.

Wescoal suffered ‘relentless campaign’

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Coal producer Wescoal successfully had orders for its liquidation set aside after the High Court found the company had faced a 'relentless campaign' from Sutha Civils and BSM Mining.

Glencore snaps up Rosh Pinah

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Glencore International has taken its stake to Rosh Pinah, a zinc producer, to just over 80% after buying shares held by Exxaro Resources and other minorities.

ICT likely to lose SIOC right: analyst

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An analyst told Bloomberg News Imperial Crown Trading was likely to come off second best when the High Court sits tomorrow on a mineral prospecting dispute.

Zambia miners seek independent tax audit

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Mining companies operating in Zambia want the government to appoint independent international auditors to verify whether they are paying all the taxes due.

Exxaro workers score as scheme pays out

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Almost 10,000 employees of Exxaro Resources are to receive up to R135,000 in terms of an employee share ownership plan; the second leading miner to announce such a payout.

Keaton given nod for Leeuw Mining takeover

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Keaton Energy Holdings says the Minister of Mineral Resources has consented to a change in control of Leeuw Mining and Exploration.

Zimbabwe ultimatum for Caledonia

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Sources within the Zimbabwe government say Caledonia Mining Corporation may be used "as an example" to companies "still unwilling to commit to (indigenisation) legislation".

Universal Coal pitches for Eskom business

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Universal Coal is in discussions with Eskom to supply the Kusile power station from its planned Kangala mine, despite the fact Anglo American holds that contract.