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Glencore unfazed over commodities falls

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Glencore International CEO Ivan Glasenberg says recent falls in commodity prices were due to "froth" in the market and that demand for the company's IPO remains strong.

AngloGold approves new BEE structure

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AngloGold Ashanti says shareholders have accepted the restructuring of its BEE share ownership transaction entered into in 2006.

Eastplats posts loss, mine damaged

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Eastern Platinum has posted a quarterly loss on lower output and the company says its flagship Crocodile River Mine project is damaged following a wage dispute.

Eastplats shares hit the skids

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Eastern Platinum’s share price has been punished as investor disappointment over woeful results were exacerbated by an ongoing and allegedly violent labour dispute.

Amsa to secure own iron ore mine

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UPDATED - ArcelorMittal SA raised the prospect of restarting its own mining division saying it was in negotiations to develop an iron ore mine.

R4.2bn manganese smelter to boost Coega

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The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.

Vavi hits out at Zuma’s nephew

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Cosatu head Zwelinzima Vavi has severely criticised President Jacob Zuma's nephew Khulubuse Zuma, co-owner of Aurora Mines, for donating election money to the ANC instead of paying his workers.

Amsa reports sharp profit drop

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ArcelorMittal South Africa has reported a sharp drop in first-quarter profit, but says it expects improvement in the next three months.

James Campbell takes over at Rockwell

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African Diamonds ex-MD James Campbell has been appointed the new CEO of Rockwell Diamonds, where he will immediately have to convince investors to plough more money into the company.

Namibia gives clarity on mine permits

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Namibia's mines minister has confirmed that a policy to grant future mining rights to a state-owned firm will not impact existing mining and exploration licences.