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Mugabe presses for vote, indigenisation

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Zimbabwe President Robert Mugabe has called for elections next year and says he will not back down in forcing foreign firms to sell majority stakes to blacks.

China Guangdong says Extract worth $2.2bn

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China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.

DRC delays election results again

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Election authorities in Democratic Republic of Congo have delayed the announcement of a winner in the country's presidential election for the second time this week.

JP Morgan warns over slumping platinum output

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JP Morgan Cazenove has sounded a warning over the negative impact on the platinum miners of falling production linked to increased safety inspections by the Department of Mineral Resources.

Rio Tinto says could export Guinea iron ore ‘early’

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Rio Tinto may use trucks to export iron ore from its Simandou project in Guinea before a 2015 target, says CEO Tom Albanese.

BHP Billiton may do an Anglo American

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Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the miner will sell less profitable assets to exploit its crown jewels.

Anglo names new boss for Brazil iron ore

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Anglo American has replaced the head of its Brazilian iron ore operations, which includes its flagship $5bn Minas-Rio project, naming its commercial director as chief executive.

SA net reserves fall

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South Africa's net gold and foreign exchange reserves fell to $48.633bn in November from $49.221bn in October.

Congo elections results in 48 hours delay

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The delay could add to problems in a vote marred by violence, logistical problems and allegations of fraud.

Firestone, Sekoko funding in-tact

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Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.