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De Beers unaware of Anglo buyout ‘plot’

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The world's largest diamond producer De Beers has contradicted a report saying that Anglo American is planning to take it over.

Kumba’s Zim to start new steel firm

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Lazarus Zim, the former chair of Kumba Iron Ore, says he has resigned from the board of the Anglo American subsidiary to start a new steel firm and avoid the potential of a conflict of interest.

Tata Steel ‘to sell SA assets’

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Tata Steel is in talks to sell its South African assets to raise more than $150m, reports the Economic Times.

Simmers CEO resigns

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Simmer & Jack CEO Nico Schoeman has resigned and will be replaced by company CFO Marius Saaiman.

Anglo plots De Beers takeover – report

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Anglo American is considering a plan to take control of De Beers, according to a newspaper report.

Acid water containment measures mooted

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A team of experts has prepared a report for the cabinet with recommendations on how to contain the problem of acid mine water.

Searching gold on the ocean’s bottom

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At the surface of the Atlantic Ocean, on the West Coast of South Africa, there is gold. How much is still unknown - and whether it would make economic sense to exploit it.

BHP, unions settle Hillside labour dispute

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BHP Billiton Aluminium has reached a salary agreement with workers to end a strike at its Richards Bay unit, says the company.

Aurora granted more time to secure funds

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Aurora Empowerment Systems has been given until the end of February to produce funding guarantees to buy assets of the financially stricken Pamodzi Gold.

Grace Mugabe sues over WikiLeaks

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Zimbabwe President Robert Mugabe's wife is suing a newspaper for $15m for publishing a Wikileaks cable saying she benefited from illicit diamond trade, reports state media.