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Eskom’s World Bank loan under investigation

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The World Bank's Inspection Panel has confirmed that it is investigating the awarding of the bank's $3.75bn loan to South African power utility Eskom.

Merafe, Xstrata to build R1bn chrome plant

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The Xstrata/Merafe chrome joint venture will invest about R1bn in a new chrome pelletising plant to be built at the group's Rustenburg ferrochrome smelter.

Kinross enters Africa in $7bn deal

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Kinross has bid $7bn in paper for Red Back Mining in a proposal that gives the Canadian firm access to gold mines in Ghana and Mauritania.

“Difficult quarter” for Randgold’s Loulo

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Randgold Resources has revised downwards its production guidance from its Loulo mine in Mali following a quarter the group described as "difficult".

The Bakgatla tackle Brian Gilbertson

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The Bakgatla Tribe has taken legal action against Platmin and Barrick Gold over the Sedibelo transaction apparently in an attempt to improve the terms of the deal.

SA gold mines looking good

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The June quarterly reporting season kicks off on Thursday and analyst expectations are high for better numbers all round from the SA gold miners.

Copper recovery to boost Zambia

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Recovering copper prices will boost Zambia's economy, says Imara Africa Securities.

Petra and Trans Hex to size up Finsch

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Petra Diamonds and Trans Hex look the most obvious contendors to buy the Finsch diamond mine but De Beers could find these negotiations a lot tougher than those over the sale of its Cullinan mine.

Hollywood enters blood diamond fray

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Actress Mia Farrow and her agent will testify in August about a blood diamond given to model Naomi Campbell by Charles Taylor, Liberia's former premier, now up for war crimes.

Iron drops for first time in years

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Iron ore output fell in 2009 for the first time in seven years despite continued growth in trade to record levels, keeping market conditions tight and prices high until 2012, says a UN think-tank.