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Blackthorn keen on Glencore JVs

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Blackthorn Resources, an Australian company operating in Africa, said it would sign up for more joint ventures with Glencore in the African zinc industry.

Zimbabwe turns up the heat on Zimplats

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The Zimbabwe government has threatened to cancel Zimplats mining licence in the latest bout of "sabre rattling" over the country's indigenisation requirements for mining companies.

Anglo Plat averts strike, lost output

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Anglo Platinum says its production targets are safe from strike action after the company signed 8% to 10% wage deals with unions.

Zimplats wrangle descends into farce

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Zimbabwe's empowerment minister strikes an isolated figure as the ability to impose indigenisation is questioned by the country's own ministers.

SA gold reserves increase 13% to $7.3bn

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The 13% increase in the spot price of gold contributed to a surge in South African foreign reserves in August, the Reserve Bank said in a statement.

Firestone raises R12.6m in share issue

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Firestone Energy has issued 9.6% of its share capital and ceded rights to underground gasification on tenements owned by it and Sekoko Resources in an effort to further fund its Smitspan project.

Mugabe stands firm on indigenisation

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Platinum and diamond miners hoping for wriggle room in indigenisation talks with Zimbabwe were reminded by the country's president there would be no change in the policy.

Namibia approves Gold One deal

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A deal to secure a major Chinese shareholder was a step closer for Gold One today after Namibia gave the thumbs up to proposed transaction.

Eskom, Transnet to keep public service role

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Transnet and Eskom would not be restructured, nor placed in private hands, said public enterprises minister, Malusi Gigaba.

SA half-year gold output stable

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South African gold production for the first six months of this year was only 1% down on output for the corresponding period last year, the Chamber of Mines said.