Shabangu exposes mine audit subversion
UPDATED: Mineral Resources Minister Susan Shabangu has cited bribery and intimidation as some of the challenges her department faced in the audit of mining and prospecting licences.
Platmin’s forecast fiddling to stop, says CEO
Ongoing downward adjustments of production forecasts at junior miner Platmin have come to an end, says CEO Tom Dale.
Nationalisation study gets underway
The ruling ANC will appoint two independent researchers to investigate the nationalisation of mines, says secretary general Gwede Mantashe.
Xstrata refutes Mandela link
Global resources group Xstrata has taken umbrage at insinuations of improper conduct in the sale of its former Maloma operations to Chancellor House.
Mandela’s fugitive son-in-law in coal deal
Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.
John Block mined with forged licence
Controversial ANC Northern Cape chairperson John Block is a director of a company that for years has mined salt in the Kalahari with a fraudulent mining licence, court records show.
Zambia reports sharp rise in copper output
Copper production in Zambia has risen significantly due to favourable mining conditions, says the country's central bank.
Gold falls most since July
GOLD has suffered its biggest fall in four months, tumbling 3% as Chinese rate-hike talk and eurozone debt worries triggered widespread unwinding of risk in commodities.
Anglo sells Scaw assets
Anglo American says it is to sell Scaw Metals properties to Australian steel product manufacturer OneSteel for $932m.
Fitch downgrades Harmony
Fitch Ratings has lowered its assessment of Harmony Gold, maintaining a negative outlook for future re-ratings because of concerns over the gold producer’s cash holdings.