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DRC will learn from Zambia tax U-turn

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Proposals by the Congo to change its tax laws on mining firms would be informed by the U-turn performed by Zambia earlier this week.

Govt policy ‘will kill’ SA coal’s future: Baxter

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Roger Baxter, COO of the Chamber of Mines, said government's strategic minerals policy would kill R100bn required in new coal mine investment.

Wescoal’s Boje, Ramaite at loggerheads

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Wescoal CEO, Andre Boje and the firm's chairman Robinson Ramaite disagreed over whether to accept a takeover offer with the latter wanting to build his stake.

Finance tougher than usual, says Jubilee

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Jubilee Platinum said it was able to raise finance for its platinum retreatment projects but it was proving harder than usual.

Glencore made best of bad Lonmin situation

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According to some candid comments by Ivan Glasenberg, Glencore did what it could with its Lonmin shares but ultimately is happy to be shot of them.

Zijn to buy C$105m stake in Ivanhoe Mines

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Zijn returns to South Africa for a second time in as many years agreeing to take up 9.9% of Ivanhoe Mines which is building the Platreef platinum project.

SA isolated in its refusal to restructure Eskom

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South Africa's emerging market rivals are facing similar challenges in respect of how to make state-owned power companies more commercial.

De Beers sounds bullish note on jewellery sales

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Diamond jewellery sales reached a new high in 2014 and the outlook for further growth in 2015 was promising, said De Beers.

Eskom coal supply agreements losing lustre

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Supplying Eskom with coal is not as attractive to miners as it used to be with Anglo, BHP and Exxaro expressing some disaffection with the business.

SA sceptical LBMA system will influence gold

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South African economists and gold producers said it was unlikely the gold price would be positively influenced by the LBMA electronic gold price fixing platform.