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RMB holds 5.2% Petmin stake

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Anthracite coal miner Petmin says financial services group Rand Merchant Bank holds 5.20% of the company's share capital.

Codelco workers strike over privatisation fears

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Workers at the world's largest copper producer, Chile's Codelco, have gone on strike over modernisation plans they fear amount to privatization.

Wage talks for gold sector to resume

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The National Union of Mineworkers will continue wage negotiations with the Chamber of Mines' gold producers to prevent a possible strike, the union says.

Greeks grabbing gold

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The financial storms raging around the heads of the Greeks have recently led to a strong increase in people buying gold in that country.

Amplats sees higher headline earnings

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Anglo American Platinum says first-half headline earnings are expected to increase slightly because of higher sales and prices.

Forbes Coal to list on JSE

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TSX-listed Forbes Coal will debut on the JSE on July 28 in a secondary listing.

Vale lets go of Metorex

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Metorex says it has been told by Vale that the Brazilian group will not submit a new offer to top a bid to acquire it by China's Jinchuan Group.

Merafe warns over ferrochrome prices

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Merafe Resources, which produces ferrochrome in a joint venture with Xstrata, says third quarter ferrochrome prices have dropped 11% quarter-on-quarter.

Shanduka under fire for ‘non-compliance’

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Government departments have begun a probe into the activities of Shanduka Coal for allegedly breaching regulations on the environment and National Water Act.

Coking coal a fillip to Limpopo’s prospects

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The exploitation of coking coal may act as a tremendous injection for Limpopo, one of South Africa's poorest provinces, says CoAL CEO John Wallington.