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Conservation pressure on Vele mine mounts

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Conservation bodies which oppose Coal of Africa's Vele mine believe an agreement to be signed by South Africa, Botswana and Zimbabwe will strengthen their hand.

Zimbabwe confirms mines seizure

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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.

Forbes shares up on Transnet deal

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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.

WikiLeaks: Zim govt in blood diamond trade

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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.

State miner to split from CEF

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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.

Buildmax: ‘wink, wink’ don’t blink

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Despite the evidence, Brait and Coronation stick with the "uninspiring" opencast mining contractor.

Grootvlei illegal miner arrests top 350

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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

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ArcelorMittal has finalised details of a spin-off of its stainless steel division, which may spark consolidation in a sector burdened by over-capacity.

Mittal plans to list stainless steel unit

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ArcelorMittal plans to list its stainless steel division in the first quarter of next year, according to a report.

Xstrata dismisses Glencore bid rumours

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Xstrata has never been approached by its biggest shareholder, Glencore, with a merger proposal, says CEO Mick Davis.