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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.

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.

Commodity rush propels Kumba earnings

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A surge in iron ore export prices and sales volumes assisted Kumba Iron Ore to more than double its headline earnings during the 2010 financial year.

Kumba drags Amsa into court battle

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Kumba Iron Ore has added ArcelorMittal SA as a respondent in its high court bid for the reversal of the 21.4% prospecting right over Sishen mine awarded to ICT.

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Licences for mining companies have been revoked and civil servants suspended from their jobs after application information was tampered with, Mines Minister Susan Shabangu says.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

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.

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.

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.