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Zim weighs on platinum shares

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Shares in platinum producers with exposure to Zimbabwe have taken a beating, following reports that Harare plans to take over 51% of all miners.

WikiLeaks: Zim govt in blood diamond trade

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The illicit diamond trade in Zimbabwe has led to the murder of thousands and was financed in part by the central bank, according to US documents on WikiLeaks.

Zimbabwe confirms mines seizure

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Zimbabwe's cabinet has agreed that the government will takeover all alluvial diamond mining and own a 51% share for other minerals, reports state media.

Conservation pressure on Vele mine mounts

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Conservation bodies which oppose Coal of Africa's Vele mine believe an agreement to be signed by South Africa, Botswana and Zimbabwe will strengthen their hand.

Keaton sells first coal from Vanggatfontein

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Keaton Energy has sold the first coal from its Vanggatfontein colliery, where successful development of both production phases will be crucial in reviving the company's flagging share price.

Hillside workers strike

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Hundreds of workers at BHP Billiton's aluminium smelter in Richards Bay have gone on strike, demanding better wages and changes in work conditions, a union official says.

Grootvlei illegal miner arrests top 350

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Police have arrested 358 illegal miners at Aurora Empowerment System's Grootvlei mine after a shootout at an abandoned shaft.

Keaton sells first coal from Vanggatfontein

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Keaton Energy has sold the first coal from its Vanggatfontein colliery, where successful development of both production phases will be crucial in reviving the company's flagging share price.

Mittal to spin off stainless steel unit

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ArcelorMittal has finalised details of a spin-off of its stainless steel division, which may spark consolidation in a sector burdened by over-capacity.

Mittal plans to list stainless steel unit

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ArcelorMittal plans to list its stainless steel division in the first quarter of next year, according to a report.