Shabangu ‘doesn’t answer to ANCYL’
Mineral Resources Minister Susan Shabangu did not need to report back to the ANC Youth League about her position against the nationalisation of mines, her spokesperson says.
Xstrata profit up sevenfold on commodities boom
Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.
ICT buyout not a given: Amsa
ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.
Govt mining firm almost ready to go
A state-owned coal and uranium mining company will be up and running within weeks.
ArcelorMittal SA back in the black
ArcelorMittal SA has posted a return to full-year profit and expects solid results ahead.
Bauba asks for JSE suspension
Newly-listed Bauba Platinum has asked the JSE to suspend its shares after it failed to come to an agreement on assets with vendors.
Mine licences revoked after tampering
Licences for mining companies have been revoked and civil servants suspended from their jobs after application information was tampered with, Mines Minister Susan Shabangu says.
Japan plans to invest billions in Africa
Japan is keen to invest "billions of dollars" in minerals and infrastructure in Africa, trying to catch up with regional rival China.
Mvela surges after Northam offer
Shares in Mvelaphanda Resources have spiked after Northam Platinum said it would acquire it in a deal worth about R982m.
Randgold Resources raises dividend
Randgold Resources has increased its annual dividend in a show of confidence by management, despite problems at the Loulo and Tongon mines.