Mining distress leaves vacuum for private equity
Distress in the world's mining sector was leaving the door open to private equity which has seen an opportunity to buy assets.
VMR offer receives Competition authority assent
South Africa's Competition authorities unconditionally approved a bid for Village Main Reef by Chinese firm, Heaven-Sent Capital Management Group.
Concourt to rule on mining right appeals
The Constitutional Court will today hand down judgement regarding appeals by the DMR and ICT over prospecting rights at Sishen Iron Ore Company.
DRDGold looks to combine with Sibanye
DRDGold said it made sense for the company to combine its gold retreatment business with those planned by Sibanye Gold.
Johnson Matthey to seek new pastures
Johnson Matthey, the platinum group metal research house and semi-fabricator, said it would seek new clients after its 21-year relationship with Amplats was over.
Allan Gray ups stake in Pan African to 7%
Allan Gray, an asset management firm, swam against the tide again today increasing its stake in South African gold producer, Pan African Resources, to 7%.
Gecamines seeking $160m to fire staff
The Congo state owned base metals miner, Gecamines, required $160m to fire 6,000 people, about half of its staff.
Nhleko quits Anglo to focus on SA business
Phuthuma Nhleko, the founder of Pembani Group, has resigned from the board of Anglo American where he was a non-executive director.
SDT should get more diamonds from miners
The South African government should force mining companies to avail a higher portion of their diamonds for cutting and polishing inside the country.
Namibia restarts gem talks with De Beers
Namibia said it had resumed discussion with Anglo American diamond business, De Beers, on a new marketing contract for the southern Africa country.