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Malema triumphant over Zuma speech

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ANC Youth League President Julius Malema says President Jacob Zuma's State of the Nation speech shows nationalisation is here to stay - and that the minister of mineral resources must take note.

Aquarius profit soars as prices rise

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Aquarius Platinum says first-half net profit soared on the back of higher precious metals prices and increased production.

Zuma: Beneficiation strategy a priority

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Adopting a mineral beneficiation strategy is a government priority, President Jacob Zuma has said in his State of the Nation address.

Shabangu ‘doesn’t answer to ANCYL’

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Mineral Resources Minister Susan Shabangu did not need to report back to the ANC Youth League about her position against the nationalisation of mines, her spokesperson says.

Mine licences revoked after tampering

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Licences for mining companies have been revoked and civil servants suspended from their jobs after application information was tampered with, Mines Minister Susan Shabangu says.

Japan plans to invest billions in Africa

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Japan is keen to invest "billions of dollars" in minerals and infrastructure in Africa, trying to catch up with regional rival China.

Bauba asks for JSE suspension

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Newly-listed Bauba Platinum has asked the JSE to suspend its shares after it failed to come to an agreement on assets with vendors.

Xstrata profit up sevenfold on commodities boom

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Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.

Mvela surges after Northam offer

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Shares in Mvelaphanda Resources have spiked after Northam Platinum said it would acquire it in a deal worth about R982m.

Govt mining firm almost ready to go

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A state-owned coal and uranium mining company will be up and running within weeks.