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Zambia ‘open’ to Mopani job cuts

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Edgar Lungu, Zambia's president, could accept job cuts at Glencore's local unit, Mopani Copper Mines, provided a balance was struck.

Zim reform will encourage IMF support

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The International Monetary Fund said Zimbabwe should reform its indigenisation and labour laws in order to attract foreign funding.

Iron ore racks up record volatility

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Prices for iron ore reached record levels of volatility with the mineral expected to slide in and out of $40-$50/t territory for most of the year.

Eskom warns of ‘tight system’ for two weeks

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Eskom said power availability would be tight for a fortnight following maintenance to unit one at Koeberg, the power utility's nuclear facility.

Congo to tax in local currency

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The Democratic Republic of Congo said it hoped to remove dollars from its economy by imposing taxes to be paid in the DRC franc.

Banro risks default on debt

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Banro risks defaulting on its bonds as below anticipated production levels were heaping pressure on the company's debt.

AMCU confirms Implats strike to proceed

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The Association of Mineworkers & Construction Union said it would proceed with a strike at the mines of Impala Platinum.

GEM profit falls on lower Letseng output

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UK-listed diamond producer, GEM Diamonds, produced lower first half profits as output fell at its Lesotho mine, Letseng.

BHP’s Mackenzie slams iron ore inquiry

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An inquiry into Australia's iron ore industry would send the wrong signal to international customers about the country's commitment to free trade.

Colliery will pollute Vaal River water

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A proposal to develop a coal colliery on the banks of South Africa's Vaal River has been criticised by Rand Water.