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Investors sceptical of Zim election

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Investors said government change in Zimbabwe could lead to fresh investment, but they were sceptical Robert Mugabe would be dislodged.

Buffalo halts Magdalena after ‘water ingress’

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Buffalo Coal Corporation stopped production at its 1 million tonne/year Magdalena mine in KwaZulu-Natal after 'water ingress' at one of the mine's sections.

Harmony lifts December output 2% q-o-q

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Harmony Gold said it increased production 2% in the December quarter compared to the previous September quarter when output came in at 281,000 ounces.

Rand slumps to five-year low on strike fears

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The South African rand slumped to a five-year low on fears of renewed strike action in the country's platinum sector.

CoAL gains 12.5% on Mooiplaats sale

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Shares in Coal of Africa gained 12.5% in Johannesburg after saying it had raised R250m from the sale of its mothballed Mooiplaats colliery.

Congo approves Kamoa stake sale to Zijin

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The Democratic Republic of Congo approved the sale of a 49.5% stake in the Kamoa copper project by Ivanhoe Mining to Zijin Mining Group.

Miners vulnerable to cyber attacks

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Mid- to small-sized mining companies were the most vulnerable to cyber-hacking as they increased automation, a report by EY said.

Diamond market ‘spooked: GEM’s Elphick

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Clifford Elphick, CEO of GEM Diamonds, said the diamond market had been disturbed by the closure of a bank causing liquidity problems for manufacturers.

Tanzania convicts former ministers over gold audit

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Tanzania recorded the most high profile convictions yet in its anti-graft drive when the country's court sentenced two former minister to three years in jail.

Northam Pt’s Lewis slates SA Govt.

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Northam Platinum CEO, Glyn Lewis, blamed the South African government for unfair demands on the mining sector - a situation that would result in job losses.