Petmin to continue share buy-back
Petmin said it would continue to buy-back shares in its 2016 financial year as the firm's management believed the share was under-valued.
Holomisa lays into mining houses
United Democratic Movement (UDM) leader, Bantu Holomisa, said it was not right that mineworkers still died poor while thousands suffer from incurable disease.
DRDGold Q1 gold output down 11%
DRDGold said first quarter gold production would be down 11% and that it would change its reporting cycle to half yearly announcements in order to cut costs.
Harmony output down 10% in March Q.
March quarter gold production was affected by slow start ups post the December holidays and safety-related stoppages.
Zambia investment firm ZCCM urged to list
A private investment company in Zambia is being urged to list, preferably in London while private investors also want their representative elected to the board.
DRC’s Gecamines may consider listing
The Democratic Republic of Congo's state-owned base metals company, Gecamines, may consider listing, a government official has said.
Rio to resume $20bn Simandou project
Rio Tinto is considering resuming construction of Simandou which was halted following the outbreak of the Ebola virus in the West African region.
AMCU rejects platinum firms’ ultimatum
The Association of Mineworkers & Construction Union said he would continue to strike ignoring a plea from the industry that failing to end the strike would result in job losses.
Glencore backs off but Rio still vulnerable
Glencore may have backed off a proposed merger with Rio Tinto but the Anglo Australian company remained vulnerable, an analyst said.
Gold Fields to lift output 10% in Q3
Gold Fields is set to demonstrate the effects of uninterrupted production at its Ghana gold mines in the third quarter.
















