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Wescoal joins Ata consortium in takeover bid for Universal Coal

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WESCOAL Holdings, the Johannesburg-listed coal producer, said it had joined a consortium led by private equity firm, Ata Resources, to buy Universal Coal. Universal Coal...

Glencore lifts copper production 12% in Q3 as Katanga reopening gains...

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GLENCORE posted solid third quarter numbers today in which copper production of 1.06 million tonnes was 12% higher than at the same period last...

Barrick concedes progress on Acacia, Tanzania Govt dispute talks “slowed”

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BARRICK Gold had not engaged its 64.9%-owned African miner Acacia Mining in discussions about "a private deal", but it acknowledged that separate discussions with...

South32 acknowledges SA business environment lift, but Mining Charter falls short

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SOUTH32 CEO, Graham Kerr, acknowledged the improvement in the business climate of South Africa's mining sector, but he warned that the redraft of the...

SA Govt. “may be pressed into radical measures” on state-owned enterprises

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SOUTH Africa's Minerals Council lauded finance minister, Tito Mboweni's medium term budget policy statement delivered in Parliament yesterday saying it was earnest in outlining...

Barrick “shares concern” with Acacia as employees languish in Tanzanian jail

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BARRICK Gold said it shared the concerns of 64.9%-owned Acacia Mining regarding the safety of its employees amid increasing pressure by the Tanzanian government...

Mboweni calls for walls that divide private and public sectors to...

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NEWLY appointed South African finance minister, Tito Mboweni used his medium term budget policy speech today to call on government and the private sector...

Petra tipped to have “turned the corner” on promise of free...

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PETRA Diamonds had turned the corner in respect of its operational problems, a development that would help the firm lower net debt and possibly...

Barrick may buy back Acacia Mining after Randgold merger – report

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BARRICK Gold may buy the shares it doesn't already own in Acacia Resources, the UK-listed Tanzanian miner in which it has a 64% stake. Bloomberg...

Acacia levels claim of “escalation in Govt. pressure” as Tanzania arrests...

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A THIRD employee of Acacia Mining has been charged by Tanzanian authorities in connection with charges ranging from fraud and money laundering to tax...