‘Lower steel prices won’t up SA output’
A consultant for Kumba says lower steel prices will have no significant effect on manufacturing in SA, refuting claims by the trade and industry department.
Zimbabwe gets heavy on indigenisation
The publication of a timetable for Zimbabwean mining indigenisation has put the cat among the platinum pigeons, with Impala and Aquarius investors running for cover.
Pallinghurst’s lacklustre share price
Pallinghurst Resources is getting things right at the operating levels of its various interests and its NAV is rising, but the share price is yet to reflect this.
Zim plan wrecks Aquarius shares
Shares in Aquarius Platinum have tumbled amid Zimbabwe's plans to force companies to sell 51% of local assets to indigenous people.
Glencore pushes ahead with $10bn IPO
Glencore, the global commodities trading giant, is moving forward with its listing on the Hong Kong stock exchange.
Deadline moved for online mines system
The department of mineral resources has been given two more weeks to test a new online system for prospecting and mineral rights says the mineral resources minister.
Copper falls on China demand concerns
Copper prices pared back gains, pressured by fresh worries about near-term Chinese demand for industrial raw materials.
Miners tumble as Harare turns up heat
Platinum stocks took a hit as the Zimbabwean government gave miners six months to sell a majority stake in their firms.
Wesizwe to probe Ngculu bonanza
Wesizwe Platinum is to probe whether prominent ANC politician James Ngculu should benefit from an empowerment trust.
Vale CEO’s ‘days are numbered’
Vale's CEO Roger Agnelli says he is not involved in choosing who runs the Brazilian mining company, while local media reports that the company's shareholders have already agreed he will leave.