Miners tumble as Harare turns up heat
Platinum stocks took a hit as the Zimbabwean government gave miners six months to sell a majority stake in their firms.
‘Lower steel prices won’t up SA output’
A consultant for Kumba says lower steel prices will have no significant effect on manufacturing in SA, refuting claims by the trade and industry department.
Mugabe comments hit platinum miners
Shares in platinum miners with operations in Zimbabwe plunged after President Robert Mugabe said he would press on with plans to sell 51% of foreign firms to locals.
Copper falls on China demand concerns
Copper prices pared back gains, pressured by fresh worries about near-term Chinese demand for industrial raw materials.
Zimbabwe gets heavy on indigenisation
The publication of a timetable for Zimbabwean mining indigenisation has put the cat among the platinum pigeons, with Impala and Aquarius investors running for cover.
Wesizwe to probe Ngculu bonanza
Wesizwe Platinum is to probe whether prominent ANC politician James Ngculu should benefit from an empowerment trust.
Vale CEO’s ‘days are numbered’
Vale's CEO Roger Agnelli says he is not involved in choosing who runs the Brazilian mining company, while local media reports that the company's shareholders have already agreed he will leave.
Simmers takeover goes ahead
Former Harmony CEO Bernard Swanepoel is firmly back into mainstream mining following overwhelming shareholder approval for the reverse takeover of Simmers by Village Main Reef.
Outrage as Zim diamonds go on sale
Industry groups and watchdogs have slammed a unilateral decision to allow Zimbabwe to sell diamonds from its disputed Marange fields.
Amsa sees Sishen arbitration in 2012
ArcelorMittal SA says it expects arbitration proceedings in its dispute with Kumba Iron Ore over a Sishen mine to be heard only early in next year.