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Trans Hex ‘tying loose ends’ in Namaqua deal

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Trans Hex says it is still finalising certain aspects of its proposed takeover of De Beers' Namaqualand Mines.

Mali seeks bigger share in mines, lower taxes

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Mali is seeking to raise the state share in mining projects to 25% from 20% in a proposed revision to the West African gold producer's mining law, says an official.

Universal considers approaches from third parties

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Universal Coal says it is reviewing the appointment of advisors, following informal approaches from third parties for its coking coal projects in South Africa.

Mandela is Aurora’s likely scapegoat

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Zondwa Mandela is likely to be the fall guy for the Aurora debacle as the company faces an inquiry to determine whether there are grounds for fraud and theft charges.

Zimplats workers strike over power bills

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WORKERS at Zimplats have gone on strike to force the company to pay for their personal electricity bills, partially hitting production.

High hopes for R17bn Swaziland rail

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There's a lot of excitement about the first new freight railway line to be built by SA in about a quarter of a century; Transnet SOC and SwaziRail's R17bn Lothair project.

Implats says 5,000 workers on strike

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Impala Platinum says 5,000 workers at its Rustenburg operations have downed tools over wages, but a court order has declared the strike involving drill operators illegal.

Anglo, Codelco trade more blows over Sur

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Codelco has described the deal between Anglo American and Japan’s Mitsubishi over Anglo American Sur as "illegal,' following the release of the sales contract.

African Iron directors accept Exxaro offer

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African Iron's directors have formally accepted Exxaro's takeover offer, says the company.

ArcelorMittal SA primed for promotion

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Arcelormittal SA has a more-than-even chance of re-admittance to the JSE/FTSE Africa Index Top 40 when the stock exchange’s worthies pour over re-weightings.