ArcelorMittal mum on new offer for Zisco
It is unclear whether ArcelorMittal SA, the South African arm of the world's largest steel producer, will re-bid for a stake in Zimbabwean Iron and Steel Company (Zisco).
Zambia blackout shuts copper mines
A nationwide power blackout on Friday forced copper mines in Zambia, Africa's top producer of the metal, to halt output.
CoAL to raise R619m for growth, debt payments
Coal of Africa Ltd will raise R619m in a rights issue to fund studies into its Makhado project, acquistions of contiguous properties as well as pay down debt.
Shareholders ditch Central African Gold
Central African Gold, the gold company with a portfolio of production and exploration assets in Africa, says that three major shareholders have sold their shares in the company.
Northam hikes Booysendal capex
Northam Platinum has increased its capital expenditure estimates for its flagship Booysendal project to R3.6bn.
Simmers appoints new CFO
Junior gold producer Simmer & Jack Mines has announced the appointment of Marius Saaiman as chief financial officer.
African Eagle doubles Dutwa nickel resource
African Eagle Resources Plc has more than doubled the size of the resource estimate at its Dutwa nickel project in Tanzania, the firm says.
We’re ready for strike – Eskom
Power utility Eskom says it is ready should its 16,000 workers decide to go on a strike over wages.
BHP Billiton in $3bn Liberian iron deal
Resources giant BHP Billiton has increased its drive for African iron ore, which will lessen its reliance on Australian mineral stores in the longer term.
Bakubung used funds for microlender
About half of the R700m raised as the Bakubung nation's Wesizwe Platinum shares was invested in microlender Mafori Capital, it has been confirmed.