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Shabangu exposes mine audit subversion

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UPDATED: Mineral Resources Minister Susan Shabangu has cited bribery and intimidation as some of the challenges her department faced in the audit of mining and prospecting licences.

Nationalisation study gets underway

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The ruling ANC will appoint two independent researchers to investigate the nationalisation of mines, says secretary general Gwede Mantashe.

John Block mined with forged licence

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Controversial ANC Northern Cape chairperson John Block is a director of a company that for years has mined salt in the Kalahari with a fraudulent mining licence, court records show.

Anglo sells Scaw assets

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Anglo American says it is to sell Scaw Metals properties to Australian steel product manufacturer OneSteel for $932m.

BHP to face buyback pressure as Potash bid fades

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BHP Billiton's boss is likely to face calls for a massive share buyback when he confronts shareholders in Australia after his third straight failure to pull off a major acquisition.

The DMR hits back over nationalisation

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The Department of Mineral Resources has come back swinging at mining legal expert Hulme Scholes over his views on nationalisation but Scholes is not backing down.

Genesis accepts Xstrata’s Sphere offer

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Global miner Xstrata are closer to succeeding in its takeover of iron ore prospector Sphere Minerals after Genesis Investment Management agreed to accept the offer.

Village on fundraising path

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Village Main Reef is to ask shareholders for permission to raise up to R40m, to bolster cash reserves and finalise the acquisition of Consolidated Murchison.

Motsepe coins it

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Africa Rainbow Minerals chairperson Patrice Motsepe earned almost 74% more during the group's 2010 financial year than in 2009, according to the company's annual report.

Zoellick’s plan highlights dollar angst

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World Bank President Robert Zoellick's call for a new global currency system with gold as a reference point highlights the depth of unease about a weakening dollar.