Zim indigenisation laws ‘to carry on’
The scathing attack by Zimbabwe’s parliament on the country’s indigenisation laws should not be interpreted as the end of the controversial legislation, says a mining industry official.
Territory backs Noble offer
Australian iron ore firm Territory Resources has recommended a A$132.6m takeover offer from Noble Group, which trumped an earlier offer from South Africa's Exxaro.
Another Waterberg player seeks listing
A new early stage player in the Waterberg coalfields is pursuing a JSE listing, giving investors another option among a growing number of coal juniors looking to make their mark in the area.
‘Serious discrepancies’ at Aurora
New liquidators have uncovered discrepancies between the assets handed to back Aurora's liquidators, and those given to Aurora when it made a R600m bid for the financially-striken Pamodzi Gold mines.
Glencore profits jump 45%
Commodities trader Glencore has seen operating profit grow 45% in the first quarter as market volatility boosted its marketing arm and says it sees demand for commodities remaining healthy.
Num, Chamber to start talks on wages
The National Union of Mineworkers is to begin official wage talks with the Chamber of Mines, with the union demanding a 14% wage increase, it says.
Tough times for PGM miners, despite outlook
Platinum is the sector of South Africa’s mining industry generally held to have the best-looking future. But you wouldn’t know that judging by recent developments.
Gold slumps to three-week low
Spot gold fell more than 1% as heavy losses in crude oil and other commodities prompted investors to sell gold.
Trans Hex on the up again
It seems as if the "winds of change" are finally blowing strongly through diamond miner Trans Hex's corridors.
Mozambique to step up diamond controls
Mozambique is speeding up preparations to join an international conflict diamond monitoring scheme amid widespread gem smuggling from Zimbabwe's Marange mines, reports state media.