South Africa's wealthy Sacco family accuses billionaire Patrice Motsepe's ARM of power grab
Assore, the mining house controlled by South Africa's Sacco family, says Patrice Motsepe's ARM has taken powers it lacks at their shared mining venture.
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Assore, the mining house controlled by South Africa's Sacco family, says Patrice Motsepe's ARM has taken powers it lacks at their shared mining venture.
Assore has sued African Rainbow Minerals over who runs Assmang, the iron ore and manganese miner they own equally. ARM rejects the claims.
South African billionaire Rob Hersov has published a second open letter to Minerals Minister Gwede Mantashe arguing that policy failures are destroying South Africa's mining sector.
Ghana's Minerals Commission confirmed active talks with Gold Fields over the Tarkwa mine lease renewal, setting new conditions covering local value creation, technology transfer and community development.
Patrice Motsepe's African Rainbow Minerals has signed a conditional nickel off-take deal with Sweden's Boliden, opening the door to restarting its mothballed Nkomati mine.
Patrice Motsepe's African Rainbow Minerals has hauled a Durban-based company before the Companies Tribunal, accusing it of infringing several of its registered trademarks.
Patrice Motsepe's African Rainbow Minerals is joining a consortium to build a new manganese export terminal at Ngqura Port in the Eastern Cape.
Patrice Motsepe's ARM has swung back to profitability, posting R1.9 billion ($113.9 million) in operating profit as revenue climbed 31% to R8.4 billion ($503.9 million).