China snaps up another African copper player
China's Minmetals Resources has agreed to buy Africa-focused copper miner Anvil Mining for $1.28bn as the state-controlled company expands its global reach.
Anglo CEO upbeat about demand, Brazil projects
Anglo American expects demand for metals to remain strong, even as a European debt crisis and a sluggish US economy feed concerns that world growth will slow.
Jubilee losses widen due to smelter spend
Jubilee Platinum has reported a widening of its full year loss as it continues to spend on its smelter operations.
New management shapes Wesizwe’s future
Wesizwe is now a jump ahead of its rivals with a fully-funded platinum mine under development but you would never know that judging by its underperforming share price.
DMR ‘getting tough’ on non-compliance
The recent spate of punitive actions against miners serve as warnings that the Department of Mineral Resources is getting serious about compliance, says a spokesperson.
Zimbabwe policy scares investors: PM
Zimbabwe is hurting investor confidence and stalling recovery by promoting a law to force the transfer of foreign-owned firms to local ownership says , Prime Minister Morgan Tsvangirai.
Kasukuwere ‘pleased’ by miners’ compliance
Mining firms in Zimbabwe have mostly met a September deadline by which they were required to submit plans to transfer a 51% stake in their operations to locals, empowerment minister Saviour Kasukuwere said on Thursday.
Anglogold to invest $250m a year in Brazil
Anglogold Ashanti will invest $250m each year through 2016 to raise its Brazilian output of the precious metal by two thirds, its chief executive said on Wednesday.
SA ‘scratching head’ on stabilising rand
The government is scratching its head about how to stabilise the volatile rand, says Finance Minister Pravin Gordhan.
Vulisango back in action at Simmers
BEE company Vulisango has grabbed effective control of the Simmer and Jack Mines cash shell and has also established closer ties with First Uranium.