Get a grip on reality – Motsepe
SA’s business community is impotent at affecting policy decisions - such as nationalisation - and needs to work at it, says ARM chairperson Patrice Motsepe.
Zimbabwe pledges leniency on indigenisation
Zimbabwe won't "force indigenisation down investors' throats", says the country's Minister for Economic Planning and Investment Promotion.
CoAL shares jump on Vele deal
Coal of Africa has taken another step to secure its tenure over the Vele project by agreeing to measures aimed at offsetting its activities in the environmentally sensitive area.
Glencore, Ramaphosa unveil Optimum bid
A consortium consisting of Glencore and businessman Cyril Ramaphosa has unveiled terms of a R34/share bid for Optimum Coal, but a counter offer has already been made.
ARM boosts full-year profit, dividend
Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.
Zimbabwe gives Rio ‘part approval’
Rio Tinto's Murowa diamond mine in Zimbabwe says it has been given "part approval" for its plan to comply with indigenisation legislation.
Nationalisation ‘put to bed’ in 2012
Investors will have clarity on nationalisation in SA by July next year, according to Sandile Nogxina, special advisor to Minister of Mineral Resources Susan Shabangu.
Resource Generation to focus on SA assets
Resource Generation says it has divested from its Tasmanian coal tenements to focus on its South African assets.
Uranium needs catalyst to bounce back
The uranium market requires some kind of flash point for the underlying fundamentals to re-assert themselves and the uranium price to move up sharply again, says Paladin Energy's CEO.
Num accepts Amplats wage offer
The National Union of Mineworkers has accepted platinum producer Anglo American Platinum's wage offer, says a union spokesperson.