Tide turns on ArcelorMittal deal
The PIC is the third institutional shareholder to express reservations about ArcelorMittal SA's R9bn BEE deal with the Ayigobi Consortium, which includes Imperial Crown Trading.
Kumba revises offer to end strike
Kumba Iron Ore has revised its offer for a pay raise as it sought to end a strike by thousands of its workers, a National Union of Mineworkers official says.
ANCYL may open branches at mines
The ANC Youth League is "seriously considering" opening branches at mines after the National Union of Mineworkers criticised its president Julius Malema.
Lucara bids for African Diamonds
Lundin group company Lucara Diamonds is going for full control of the AK6 mine in Botswana through a takeover bid to acquire from African Diamonds the remaining 40% it does not already own.
NUM urges ANC to be firm with Aurora
National Union of Mineworkers Spokesperson Frans Baleni has urged the ANC to end the "love relationship' between besieged Aurora Empowerment Systems management and its liquidators.
Sanlam objects to ArcelorMittal deal
Sanlam has criticised the lack of transparency in the planned deal to offer a 26% stake in AcerlorMittal South Africa to black investors.
Trading in Firestone shares halted
The Australian group Firestone Energy, which plans to develop coal projects in SA, has requested that trading in its shares be suspended.
DMR squanders chance to transform mining sector
The Department of Mineral Resources has squandered a massive opportunity to transform the mining sector, KIO Advisory Services founder Duma Gqubule said.
Coal of Africa shares plunge
Coal of Africa shares plunged on the JSE during trading on Friday as the year-end results revealed the financial impact of operating problems at its Mooiplaats colliery.
Sam Jonah backs new iron venture
After keeping a low profile for the past two years entrepreneur Sam Jonah has surfaced as the venture capitalist behind an innovative iron manufacturing venture involving Palabora.