Doing business in DRC: Questions about the controversial new mining code persist

Cost reduction measures in the mining industry could well have undermined the sector's productivity, which remains down, according to a new EY report.

The world's largest diamond miner by market value said it will adopt a more flexible sales approach.

The mines account for over half of the company's workforce but only a quarter of production.

Move signifies departure for Vancouver-based miner.

Exxaro, Harmony, Anglo, Diesel Power and SA Taxi will take a variety of assets to auction during late July. The assets will be sold via a leading online mining auctioneering platform.

Output from the rest of Anglo's diversified mining assets rose, but it wasn't enough to offset underperformance at its platinum mines.

The firm warned first-half profit may drop as much as 96%.

As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.

The National Union of Metalworkers in South Africa (NUMSA) has rejected the latest offer because it didn't include a double-digit wage increase for all three years.