Anooraq Resources to restructure
Platinum junior Anooraq Resources is to restructure its operations with partner Anglo Platinum because of the rising financial pressure from its R2.5bn debt burden.
Glencore unfazed over commodities falls
Glencore International CEO Ivan Glasenberg says recent falls in commodity prices were due to "froth" in the market and that demand for the company's IPO remains strong.
AngloGold approves new BEE structure
AngloGold Ashanti says shareholders have accepted the restructuring of its BEE share ownership transaction entered into in 2006.
Eastplats posts loss, mine damaged
Eastern Platinum has posted a quarterly loss on lower output and the company says its flagship Crocodile River Mine project is damaged following a wage dispute.
Eastplats shares hit the skids
Eastern Platinum’s share price has been punished as investor disappointment over woeful results were exacerbated by an ongoing and allegedly violent labour dispute.
Amsa to secure own iron ore mine
UPDATED - ArcelorMittal SA raised the prospect of restarting its own mining division saying it was in negotiations to develop an iron ore mine.
R4.2bn manganese smelter to boost Coega
The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.
Amsa reports sharp profit drop
ArcelorMittal South Africa has reported a sharp drop in first-quarter profit, but says it expects improvement in the next three months.
Vavi hits out at Zuma’s nephew
Cosatu head Zwelinzima Vavi has severely criticised President Jacob Zuma's nephew Khulubuse Zuma, co-owner of Aurora Mines, for donating election money to the ANC instead of paying his workers.
Namibia gives clarity on mine permits
Namibia's mines minister has confirmed that a policy to grant future mining rights to a state-owned firm will not impact existing mining and exploration licences.