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Harare pushes ahead with nationalisation

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The Zimbabwean government is to set up a sovereign wealth fund to take ownership of 51% of mining companies, a minister says.

India’s Essar to invest $750m in Zisco

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India's Essar Africa will inject an initial $750m to restart production at Zimbabwe's state steel firm Zisco.

Wesizwe’s Chinese deal goes ahead

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Wesizwe Platinum shareholders have finally approved the R6.6bn deal through which Chinese investors will fund construction of the company's platinum mine near Rustenburg.

The DMR alleges fraud in Quattro coal scheme

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The department of mineral resources has changed the management of the Quattro coal export scheme, following fraud allegations.

Uranium One makes strong case for Mkuju

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Uranium One has talked up the potential of takeover target Mantra Resources, saying the Tanzanian-focused group could significantly add to annual production.

Xstrata cuts Glencore tie with new chair

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Xstrata has distanced itself from potential merger partner Glencore by naming industry outsider John Bond as chairperson.

Impala nibbles away at RBPlat

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Royal Bafokeng Platinum has struck a deal through which Impala Platinum will mine part of its ground on a royalty basis, but CEO Steve Phiri remains tight-lipped on future corporate activity.

Shabangu responds to Fraser findings

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Mines Minister Susan Shabangu has played down the Fraser Institute's negative appraisal of SA's mining dispensation, saying remedies are already being implemented.

The DMR shakes up coal exporters

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The department of mineral resources has radically restructured the 4mt/year Quattro coal export scheme, replacing management ahead of announcing new allocations.

Amsa deal unlikely to proceed, say Guptas

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Brothers Ajay and Atul Gupta do not think the Ayigobi black empowerment deal with ArcelorMittal SA - of which they are beneficiaries - will go ahead.