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BHP coal miners strike to continue

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Work stoppages at BHP Billiton's Australian mines are set to continue.

Amsa pronounces R9.1bn BEE deal dead

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ArcelorMittal SA (Amsa) declares the mooted R9.1bn empowerment deal with Imperial Crown Trading dead after the proposed partners fail to meet conditions.

AngloGold aims for 5.5 mln oz by 2014

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AngloGold Ashanti says it is aiming to lift output to 5.5 million ounces by 2014, from a forecast 4.45 million ounces this year.

Rio Tinto may sell aluminium assets

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Rio Tinto is considering spinning off part of its Australian aluminium assets as a planned carbon tax will raise costs and lower margins, reads a report.

Ruling ties DMR’s hand in municipalities

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The Special Court of Appeal has in two separate judgments curtailed the powers of the Minister of Mineral Resources in relation to the granting of mining rights in municipal areas.

Exxaro to spin out titanium business

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Exxaro Resources is to spin off its heavy minerals sands operations into a separate company which will be listed on the New York Stock Exchange.

Obey rules, Sata tells China

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New Zambian President Michael Sata has told Beijing he welcomes Chinese companies investing in the country, but only if they obey the law and employ more Zambian workers.

Zambia’s kwacha recovers after election slide

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Zambia's kwacha has gained 2.4% as it recovers from losses triggered by the upset election victory of opposition leader Michael Sata.

First Uranium points to lobby group for its woes

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The avarice of four landowners, assisted by a well-known environmental activist, is allegedly threatening the existence of First Uranium's Mine Waste Solutions.

Gold already 20% down from high

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The gold price is in free fall, but the fundamentals for the yellow metal remain strong, analysts say.