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Zim resigns from Kumba

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Lazarus Zim has quit his positions as chairperson and non-executive director of Kumba Iron Ore, citing conflict of interests.

Oppenheimers sell part of Anglo stake

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The Oppenheimer family has sold almost 8% of its shareholding in Anglo American for R691m.

Kumba’s Sishen bid delayed as Zim quits

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Kumba Iron Ore's chair Lazarus Zim has stepped down and its court challenge to the 21.4% prospecting right awarded to ICT for Sishen mine has suffered a setback.

Uranium One acquires option for Mantra

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Uranium One has an option to buy all the shares of Mantra Resources, to be acquired by its largest shareholder Russia's ARMZ, says the company.

JP Morgan denies LME copper ‘buy-out’

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US investment bank JPMorgan says it does not hold more than 90% of copper stock warrants in London Metal Exchange warehouses, but has declined to comment on whether it has a smaller position.

Sacci to tackle acid mine drainage

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The SA Chamber of Commerce and Industry has established a working group on acid mine drainage and other water issues, according to a report.

Hillside strike continues

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About a third of workers at BHP Billiton's Hillside aluminium smelter in Richards Bay are involved in an ongoing strike, says the company.

Anglo predicts 150m tonnes iron ore output

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UPDATED: Anglo American's iron ore output capacity may rise to above 150 million tonnes by 2020, says an executive.

Xstrata shrugs off Australia tax threat

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Xstrata is confident disagreement over future exposure to a proposed mining tax in Australia will not jeopardise around $3bn in new coal mine investments, says a senior company executive.

One for the brave

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Investors have given Platfields an overwhelming thumbs down after its debut on the JSE, despite the optimistic outlook of CEO Bongani Mbindwane.