Exxaro workers score as scheme pays out
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.
Northam hit by safety inspections
Northam Platinum says its only producing mine has been hit by several stoppages due to government safety inspections, part of a wider campaign that has hit the sector.
Shanduka raises coal stake
Shanduka Group has concluded a widely expected transaction which will see it increasing its stake in Shanduka Coal to a controlling one.
Peru’s new mining minister ‘open to business’
Peru's new mine and energy minister says the government will attract private investment to the vast sector while requiring it to bring more social benefits.
Rio Tinto wins fight against Ivanhoe poison pill
An abitrator has ruled a "poison pill" takeover defence erected by Ivanhoe Mines Ltd does not apply to global mining giant Rio Tinto, leaving Ivanhoe vulnerable to a takeover by Rio.
African Barrick to raise royalty in Tanzania
African Barrick Gold has agreed with the Tanzanian government to raise the royalty rate it pays on gold exports, says the country's minerals ministry.
Caledonia plays down Zimbabwe threat
Caledonia Mining has played down threats that the Zimbabwe government may take over its operations, following reports that it is not keen on implementing the indigenisation policy.
BHP Billiton Energy Coal in BEE deal
BHP Billiton Energy Coal SA has entered into an empowerment transaction with a black-owned consortium led by the Pembani Group.
JSE index issues may hammer Amsa
ArcelorMittal SA looks like it will be ejected from the FTSE/JSE Africa Top 40 index, but if its directors are losing sleep, it is more likely to be about the effects of two other factors.
Former Aurora miners plead for help
Penniless Aurora miners have issued a letter pleading for help, as one of the company's directors faces criminal charges for snubbing a court inquiry.