Lonmin CEO Magara’s salary cut in three years
The salary of Lonmin CEO, Ben Magara, was 2.5% higher in 2015 than in the previous year but 18% lower than three years ago when he replaced Simon Scott.
Grace Mugabe is in control of Zimbabwe
Grace Mugabe is rumoured to have led "a palace coup" by replacing her husband, the 91-year old Robert Mugabe whose health was failing.
Zimbabwe to adopt Yuan as China cancels debt
Zimbabwe is to adopt the Chinese Yuan as legal tender after the southern African country had some $40m in debt cancelled.
Aquarius buys back $125.4m in bonds
Aquarius Platinum, the R3.7bn platinum producer, said today it had bought back $125.4m in convertible bonds.
CoAL publishes offer document for Universal Coal
Coal of Africa said shareholders representing 62.63% of its total issued share capital supported its R1.25bn bid for Universal Coal.
Guptas have “undue influence” over Zuma: report
The Gupta family had captured political authority in South Africa through its undue influence over President Jacob Zuma.
Zwane hails Impala, NUM agreement
South African mines minister, Mosebenzi Zwane, welcomed an agreement in which mineworkers dismissed by Impala Platinum during a strike in 2012 .
Vale receives $300m Nacala railway boost
The African Development Bank approves a $300m loan enabling Vale to finance a railway from a coal mine to Nacala port in Mozambique.
Lace mine production ramp-up begins
The ramp up of production at DiamondCorp's Lace mine has begun with full production of 30,000 tonnes per month expected from July.
Competition Commission approves CoAL deal
Coal of Africa's proposed reverse takeover of Universal Coal has been approved by South Africa's Competition Commission.