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Platinum index slumps for third day

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South Africa's platinum index continued to slide amid metal price weakness brought on by supply excess, analysts said.

Glencore owed $200m by Zambia

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Glencore is owed $200m from the Zambian tax authorities who want the group to provide papers of importation from the countries in which clients are headquartered.

Khumalo may take Metallon to LSE

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Mzi Khumalo said he may take Metallon Gold to the London Stock Exchange if the firm can purchase more gold mines in Africa.

Kenmare to cut up to 20% of Moma staff

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Recent cost cutting efforts were insufficient to head off lower mineral prices said Kenmare Resources which is to cut staff at its Moma facility by up to 20%.

Minister frustrated with Eskom CEO, Matona

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Public Enterprises minister, Lynne Brown, raised her frustrations with Eskom CEO, Tshediso Matona, regarding running of the organisation ahead of his suspension.

Eskom points finger at Mitsubishi again

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Eskom said a crucial steam test at Medupi had failed benchmark testing but that it would put in mitigating steps to avoid a further delay at the project.

NUM to call go-slow at Sibanye’s Beatrix

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The National Union of Mineworkers will undertake a go-slow at Sibanye Gold's Beatrix mine if the company continues to refuse signing a wage deal.

Gold recycling set to be subdued: WGC

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Gold recycling would be subdued after hitting a seven year low, according to the World Gold Council.

Chinese followed Zambia law in Baluba closure

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CNMC Luanshya Copper Mines followed Zambian law when it closed the Baluba mine sending more than 1,600 workers on forced leave.

Kenya to devise 20-year mining plan

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Kenya has retained McKinsey & Co to help it design a 20-year mining plan that will revive its nascent industry.