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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.

Merafe bursts back into profit

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A one third improvement in ferrochrome prices have helped Merafe Resources back into a first half profit.

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.

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.

Copper recovery to boost Zambia

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

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.

“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".

Northam loses 7 000oz in shutdown

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Northam Platinum has resumed operations at its Zondereinde mine, after shutting down a shaft last week due an accident that killed two workers.

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.