Zwane sets new deadline on “revolutionary” mining charter
SOUTH African mines minister, Mosebenzi Zwane, has set a new deadline for a redraft of the mining charter which he is quoted to have...
Zimbabwe to clarify indigenisation
Zimbabwe has been asked to clarify its indigenisation laws by the International Monetary Fund in order to improve foreign investment prospects in the country.
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.
Pan African completes Manica sale
Pan African Resources said it had received the final tranche from Auroch Minerals for its remaining stake in Mozambique gold prospect, Manica.
Harmony to up gold output 8-10%
Harmony Gold will report an 8% to 10% increase in total gold output for the first quarter of its financial year with gold from the South African operations up 16%.
AngloGold bondholders take up offer
Holders of nearly two-thirds of the most expensive bond on AngloGold Ashanti’s books took up its offer to sell out early, easing the company’s debt burden.
Bimha, strike hit Implats half-year earnings
The collapse of Bimha, an operation owned by Impala Platinum, and a strike in the sector could see the firm's interim basic share earnings up to 77% lower.
Zambia to renegotiate power agreements
Zambia wants to renegotiate power supply agreements with mining companies such as Glencore Xstrata and Vedanta Resources.
US firms fail to monitor African conflict minerals
US firms failed to meet rules that require them to monitor if their products contain minerals from war-torn Africa, said two human rights groups.
NUM not planning coal wage talks
The National Union of Mineworkers, which called a strike in South Africa's coal sector on October 5, did not plan to have any further talks with producers.