Glencore profits jump 45%
Commodities trader Glencore has seen operating profit grow 45% in the first quarter as market volatility boosted its marketing arm and says it sees demand for commodities remaining healthy.
Zim indigenisation laws ‘to carry on’
The scathing attack by Zimbabwe’s parliament on the country’s indigenisation laws should not be interpreted as the end of the controversial legislation, says a mining industry official.
RBCT coal line re-opens
Transnet Freight Rail has re-opened the coal export line - from Ermelo to Richards Bay - after a 20 day shutdown for maintenance and improvement.
Territory backs Noble offer
Australian iron ore firm Territory Resources has recommended a A$132.6m takeover offer from Noble Group, which trumped an earlier offer from South Africa's Exxaro.
Tough times for PGM miners, despite outlook
Platinum is the sector of South Africa’s mining industry generally held to have the best-looking future. But you wouldn’t know that judging by recent developments.
Tanzania sets out plan for super tax
Tanzania will not unilaterally impose a proposed super profit tax on mining firms but will try to persuade existing firms to comply, says a senior government official.
Wage negotiations start for coal and gold
The National Union of Mineworkers has started wage talks with the Chamber of Mines on the union's demand for a 14% rise in salaries from gold and coal miners.
Work on acid mine water underway
Environmental officials are working to curb the potential dangers posed by the impact of acid mine drainage in the Witwatersrand mining area.
Num, Chamber to start talks on wages
The National Union of Mineworkers is to begin official wage talks with the Chamber of Mines, with the union demanding a 14% wage increase, it says.
Gold slumps to three-week low
Spot gold fell more than 1% as heavy losses in crude oil and other commodities prompted investors to sell gold.