Govt nears deal on foreign-backed steel venture
South Africa's government said new steel capacity promising developmental pricing was imminent, and potentially backed by international investors.
Wesizwe Pt says capital escalation possible
Jianke Gao, CEO of Wesizwe Platinum, says his company can't discount further calls on capital but that shareholder, Jinchuan, remained supportive.
SA endorses iron ore, steel export levy report
South Africa's cabinet endorsed a report supporting the notion of export levies on iron ore and steel in an effort to ensure development pricing.
Pallinghurst clears way for R3.24bn IDC stake
The consolidation of platinum properties into Sedibelo Platinum Mines clears the way for the IDC's R3.24bn investment, said Palllinghurst Resources.
Gigaba calls on coal miners to compromise
Minister of public enterprises, Malusi Gigaba, says he'll support declaring coal a national asset but thinks a national pact on coal price inflation is a better option.
Platinum IPOs suggest better days lie ahead
The listing of IvanPlats in Toronto and Sable Platinum in Johannesburg shows that enterpreneurs and investors in platinum are not in short supply.
Ncondezi Coal presses ahead with $627m mine
Ncondezi Coal said a study found a 18 milliion tonne/year thermal coal mine in Mozambique feasible as it anticipates the country's power boom.
Gem dispatches Ellendale mine
Gem Diamonds surprised the market by selling its Ellendale mine in Australia after earlier this year suspending the process as bids were too low.
IDC denies it has plans to unseat Amsa
The Industrial Development Corporation defends its decision to buy Scaw Metals as a defensive strategy aimed at fuelling beneficiation and creating employment.
Mining charter fails to meet BEE Act
The mining charter is the only empowerment code that does not conform to the trade and industry department's BEE legislation, the Black Management Forum said.