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Lucara bids for African Diamonds

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Lundin group company Lucara Diamonds is going for full control of the AK6 mine in Botswana through a takeover bid to acquire from African Diamonds the remaining 40% it does not already own.

Kumba revises offer to end strike

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Kumba Iron Ore has revised its offer for a pay raise as it sought to end a strike by thousands of its workers, a National Union of Mineworkers official says.

ANCYL may open branches at mines

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The ANC Youth League is "seriously considering" opening branches at mines after the National Union of Mineworkers criticised its president Julius Malema.

Coal of Africa shares plunge

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Coal of Africa shares plunged on the JSE during trading on Friday as the year-end results revealed the financial impact of operating problems at its Mooiplaats colliery.

NUM urges ANC to be firm with Aurora

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National Union of Mineworkers Spokesperson Frans Baleni has urged the ANC to end the "love relationship' between besieged Aurora Empowerment Systems management and its liquidators.

Sanlam objects to ArcelorMittal deal

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Sanlam has criticised the lack of transparency in the planned deal to offer a 26% stake in AcerlorMittal South Africa to black investors.

DMR squanders chance to transform mining sector

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The Department of Mineral Resources has squandered a massive opportunity to transform the mining sector, KIO Advisory Services founder Duma Gqubule said.

Sam Jonah backs new iron venture

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After keeping a low profile for the past two years entrepreneur Sam Jonah has surfaced as the venture capitalist behind an innovative iron manufacturing venture involving Palabora.

Trading in Firestone shares halted

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The Australian group Firestone Energy, which plans to develop coal projects in SA, has requested that trading in its shares be suspended.

Impala chases the Bafokeng Rasimone mine

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Impala Platinum is almost certainly the company bidding to buy the Bafokeng Rasimone Platinum Mine because there are compelling strategic reasons why it wants the asset.