Diversified South African-based resources group Exxaro Resources Limited (Exxaro) today reported consolidated revenue of R13,8 billion for the 12 months ended 31 December 2008, an increase of 36% when compared with the same  period in 2007. 
The group`s audited financial results and actual physical information for the 12- month periods ended 31 December 2008 and 2007 [...]

Earlier this week it was announced that the Zimbabwean Stock Exchange (ZSE) would be open for trade for the first time since November 2008. Does this provide a sign that this mineral and agriculture rich country may be reaching a point where firms should begin to give serious consideration to reinvesting in the troubled African country?
Information on [...]

Anglo American shocked the mining sector as it announced another 9000 jobs to be cut and declined to pay a dividend for the first time since the Second World War. Shares in the heavily debt-laden company fell by over 15% on the JSE on Friday after the company announced financial results for the year ended [...]

Impala Platinum released its financial results for the six months ended 31 December 2008 to the market this morning. The company described the platinum sector as a year of “two halves”. The share traded marginally softer in early trade on Thursday morning.
Key features

Improved safety performance
Significant falls in platinum group metal prices partially offset by a weaker exchange [...]

South African mining companies will have to place greater emphasis on efficiencies and cost containment this year as the effects of the economic downturn continue to be felt on the commodities market. High cost marginal operations will be dropped as mines look to preserve cash and ensure profitability.
“Resource prices are likely to pick up at [...]

ArcelorMittal South Africa and the Department of Education are proud to announce a partnership to build ten new schools throughout the country using new steel technology. The sod turning at the new primary school for the pupils and community of Mamelodi (in Tshwane) today is the first step in this programme.
Mamelodi Primary is scheduled for [...]

As part of an initiative to strengthen the senior management of the Company, the Board of Bateman Engineering is pleased to announce the appointment of Philippe Monier as Chief Financial Officer (designate). The appointment of Philippe will allow Pieter Du Plessis, the current Chief Financial Officer, to resume a key operational role within the Group [...]

Jubilee Platinum, the AIM quoted and JSE Limited listed mining exploration and development Company with
a focus on platinum group metals (PGM) in South Africa, is pleased to announce the completion of its 42-
borehole drilling programme including new preliminary and final results from thirteen boreholes drilled on
Jubilee’s Tjate platinum project in the eastern Bushveld Complex in [...]