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African Eagle shares on erratic path

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Recent erratic movements in the African Eagle share price on the JSE can be attributed to lack of trading liquidity in South Africa compared with the company's main London listing.

Japan’s steelmakers halt output

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Key Japanese steelmakers have stopped production at some plants as the country imposed power cuts to cope with the devastation brought by a massive earthquake and tsunami.

Perky output may fire up Gold One

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An imminent rerating may add some spice to Gold One International’s lacklustre share price performance, following a promising production update by the company.

Manuel in new controversy

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A beleaguered Trevor Manuel may face a further backlash after calling the ArcelorMittal empowerment deal, which benefits those close to President Jacob Zuma, "the ugliest face of BEE'.

Are the Bakubung the biggest losers?

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The stake of the poor Bakubung tribe in Wesizwe Platinum has diminished substantially since it originally owned 33% of the company in 2004.

Zim firms favour 26% local ownership

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Zimbabwe's mining firms will be comfortable with selling stakes of 26% to local owners under a state plan that aims to eventually transfer majority control, the head of the mining chamber says.

AEMFC ‘special favours’ law to be repealed

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Mines Minister Susan Shabangu has approved the withdrawal of some special regulatory exemptions previously granted to state miner AEMFC.

Rio Tinto sweetens Riversdale offer

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Rio Tinto has raised its offer for Mozambique-focused coal miner Riversdale Mining to woo key shareholders who have held up the deal.

Rio, Billiton JV plans large KZN plant

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The Rio Tinto-BHP Billiton joint venture, Richards Bay Minerals, plans to build a large plant with operations expected to start in 2016

DRC lifts mining ban

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The DRC government says it is lifting a six-month ban on mining in conflict-plagued east Congo amid condemnation by critics.