Indian steel firm seeks SA base – report
India’s second-largest producer of steel is considering building a plant in SA if government agrees to grant iron ore and coking coal mining permits, reports Bloomberg.
De Beers unaware of Anglo buyout ‘plot’
The world's largest diamond producer De Beers has contradicted a report saying that Anglo American is planning to take it over.
Simmers CEO resigns
Simmer & Jack CEO Nico Schoeman has resigned and will be replaced by company CFO Marius Saaiman.
Kumba’s Zim to start new steel firm
Lazarus Zim, the former chair of Kumba Iron Ore, says he has resigned from the board of the Anglo American subsidiary to start a new steel firm and avoid the potential of a conflict of interest.
Tata Steel ‘to sell SA assets’
Tata Steel is in talks to sell its South African assets to raise more than $150m, reports the Economic Times.
Anglo plots De Beers takeover – report
Anglo American is considering a plan to take control of De Beers, according to a newspaper report.
A rare return for Rareco
Shareholders in Rareco, a junior mining company written off by the market after being suspended on the JSE in 2002, have received an unexpected Christmas gift.
Searching gold on the ocean’s bottom
At the surface of the Atlantic Ocean, on the West Coast of South Africa, there is gold. How much is still unknown - and whether it would make economic sense to exploit it.
Acid water containment measures mooted
A team of experts has prepared a report for the cabinet with recommendations on how to contain the problem of acid mine water.
Grace Mugabe sues over WikiLeaks
Zimbabwe President Robert Mugabe's wife is suing a newspaper for $15m for publishing a Wikileaks cable saying she benefited from illicit diamond trade, reports state media.