State miner to split from CEF
The African Exploration, Mining and Financing Corporation is to become a stand-alone entity that will constitute the nucleus for the state-owned mining company, says government.
Forbes shares up on Transnet deal
Shares of Forbes and Manhattan Coal Corp have risen sharply following an agreement with Transnet Freight Rail and Grindrod Terminals to export coal through the Richards Bay Coal Terminal.
Buildmax: ‘wink, wink’ don’t blink
Despite the evidence, Brait and Coronation stick with the "uninspiring" opencast mining contractor.
Zimbabwe confirms mines seizure
Zimbabwe's cabinet has agreed that the government will takeover all alluvial diamond mining and own a 51% share for other minerals, reports state media.
Zim weighs on platinum shares
Shares in platinum producers with exposure to Zimbabwe have taken a beating, following reports that Harare plans to take over 51% of all miners.
WikiLeaks: Zim govt in blood diamond trade
The illicit diamond trade in Zimbabwe has led to the murder of thousands and was financed in part by the central bank, according to US documents on WikiLeaks.
Hillside workers strike
Hundreds of workers at BHP Billiton's aluminium smelter in Richards Bay have gone on strike, demanding better wages and changes in work conditions, a union official says.
Grootvlei illegal miner arrests top 350
Police have arrested 358 illegal miners at Aurora Empowerment System's Grootvlei mine after a shootout at an abandoned shaft.
Mittal to spin off stainless steel unit
ArcelorMittal has finalised details of a spin-off of its stainless steel division, which may spark consolidation in a sector burdened by over-capacity.
Keaton sells first coal from Vanggatfontein
Keaton Energy has sold the first coal from its Vanggatfontein colliery, where successful development of both production phases will be crucial in reviving the company's flagging share price.