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Kumba’s Sishen bid delayed as Zim quits

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Kumba Iron Ore's chair Lazarus Zim has stepped down and its court challenge to the 21.4% prospecting right awarded to ICT for Sishen mine has suffered a setback.

Oppenheimers sell part of Anglo stake

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The Oppenheimer family has sold almost 8% of its shareholding in Anglo American for R691m.

Rockwell CEO John Bristow quits

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Rockwell Diamonds CEO John Bristow has resigned for unspecified reasons but will remain a director of the company.

Bauba halts share trade

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Bauba Platinum has suspended trade in its shares ahead of a major announcement.

JP Morgan denies LME copper ‘buy-out’

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US investment bank JPMorgan says it does not hold more than 90% of copper stock warrants in London Metal Exchange warehouses, but has declined to comment on whether it has a smaller position.

Uranium One acquires option for Mantra

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Uranium One has an option to buy all the shares of Mantra Resources, to be acquired by its largest shareholder Russia's ARMZ, says the company.

Xstrata shrugs off Australia tax threat

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Xstrata is confident disagreement over future exposure to a proposed mining tax in Australia will not jeopardise around $3bn in new coal mine investments, says a senior company executive.

Xstrata seeks new chair

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Xstrata is considering replacing chairperson Willy Strothotte, reports Sky News.

One for the brave

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Investors have given Platfields an overwhelming thumbs down after its debut on the JSE, despite the optimistic outlook of CEO Bongani Mbindwane.

Sacci to tackle acid mine drainage

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The SA Chamber of Commerce and Industry has established a working group on acid mine drainage and other water issues, according to a report.