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ArcelorMittal to quit controversial Kalagadi stake

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ArcelorMittal is to sell its 50% stake in Kalagadi Manganese for R3.9bn, a company that has been the subject of corporate governance abuse allegations.

Sentula tightens belt in contracting business

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The deterioration in the South African mining business created hazards and opportunities for Sentula's contracting business while its exploration unit had been downscaled.

Xstrata delivers ultimatum on executive ouster

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Xstrata pledged its support for Lonmin's $800m rights issue, but then inferred Lonmin could face a management ouster if it didn't change its executive team.

Gold Fields returns Chucapaca to drawing board

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Gold Fields' ambition to give geographic diversity to its gold production suffered a setback when its Peru mine, Chucapaca, was found to have failed investment tests.

Harry Winston swoops on BHP’s Ekati

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Harry Winston Diamond Mines completed its swoop on BHP Billiton's $750m a year Ekati diamond mine in a deal value at $500m.

Amplats breaks 8-week strike with new offer

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Anglo American Platinum ended a miserable flow of bad news late Wednesday saying workers were likely to accept a freshly revised pay offer.

Intimidation rife as Amplats extends wage offer

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Intimidation by people not employed by Anglo American Platinum was a major cause for the continuance of the strike at the platinum firm's operations, now into its eighth week.

SA platinum slide takes market into deficit

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South African platinum production would be 300,000 ounces lower in 2012, said Johnson Matthey helping the market swing into a remarkable 400,000 oz deficit.

Lonmin urges support for $800m rights offer

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Lonmin said its future was in jeopardy unless shareholders supported its refinancing, due for a shareholder vote on November 19. Crucially, it kept the door open to Xstrata.

Anglo declares capex blow out at Minas Rio

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More bad news for Anglo American's Minas Rio project with capital costs ballooning to $8bn and analyst expectations first production won't be before 2015.