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 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.
AngloGold Ashanti dives into Eritrea
AngloGold Ashanti reckons Eritrea may turn out to be another Colombia for the group in terms of successful gold exploration.
Namibia blasts Glencore over fuel deal
A contract between Glencore and Namibia’s petroleum parastatal Namcor has masked the Swiss company’s aim to take over the country’s oil industry, reports The Namibian.
Hedge-free AngloGold sees cash coming in
AngloGold Ashanti is starting to benefit from the closure of its hedge book, while its production figures have stayed intact despite torrential rainfall.
James Campbell takes over at Rockwell
African Diamonds ex-MD James Campbell has been appointed the new CEO of Rockwell Diamonds, where he will immediately have to convince investors to plough more money into the company.