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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.

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.

Zim weighs on platinum shares

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Shares in platinum producers with exposure to Zimbabwe have taken a beating, following reports that Harare plans to take over 51% of all miners.

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.

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.

Keaton sells first coal from Vanggatfontein

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Keaton Energy has sold the first coal from its Vanggatfontein colliery, where successful development of both production phases will be crucial in reviving the company's flagging share price.

Keaton sells first coal from Vanggatfontein

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Keaton Energy has sold the first coal from its Vanggatfontein colliery, where successful development of both production phases will be crucial in reviving the company's flagging share price.