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Cortec parent says firm digging in Kenya

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Parent company of Cortec Mining, Canada's Pacific Wildcat Resources, said its firm continued to prospect in Kenya despite earlier reports saying a High Court order had stopped it.

Zim govt in talks with miners wanting time

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Zimbabwe is in talks with mining that firms that have requested more time to complete their indigenisation plans.

Gold rebounds but heads for weekly loss

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Gold was heading for a weekly loss as investors digested plans by US President Barack Obama to spur economic growth which could dent bullion's safe-haven appeal.

Harmony struggles despite gold bonanza

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Why does Australian gold miner Newcrest get more for its 50% stake in the Wafi-Golpu gold deposit than its joint venture partner, Harmony Gold? Here's some answers.

Hopes for Optimum bidding war scotched

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Hopes of a bidding war for Optimum Coal were scotched after a potential alternative expression of interest in the coal producer was withdrawn.

Mozambique considers tripling Beira

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Authorities in Mozambique are considering tripling the capacity of its port at Beira in order to cope with increased coal deliveries from Tete province, and Zimbabwe.

Impala must improve on 2006 Zim deal

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Impala Platinum said the Zimbabwean government had recognised Impala's previous indigenisation agreement, which must now be improved upon.

Dismay at platinum sector pressure

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The rollercoaster performance of South Africa's platinum stocks may reflect the view towards equities in general but the platinum market suggests evidence of a growing deficit.

Union applauds Motala’s removal

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Solidarity welcomes the decision by South Africa's minister of justice to remain Enver Motala from the panel of liquidators following his role in the Aurora Empowerment controversy.

Gold choppy, but safe bet in long term

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The outlook for gold would remain choppy, analysts said, with repeated liquidations, but in the long-term the metal would serve as a base to offset broader economic risks.