April 18, 2012

Deputy President calls for more state involvement in South African mining

Tallk of nationalizing South Africa's mining industry may have quieted down recently, but that hasn't stopped some government officials from fanning the flame.

April 17, 2012

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

April 17, 2012

Alufer Mining: Bauxite mine developer plans US$150-200 mln AIM IPO

Alufer Mining is laying the groundwork for a listing on the AIM market that will value the Guinea-focused bauxite specialist at between US$150 and US$200 million.

April 17, 2012

Zimbabwe tries to woo back explorers

Zimbabwe, whose government in January hiked exploration fees by up to 8,000% in a bid to curb speculative holding of mining titles, is ordering over 100 exploration companies to resubmit…

April 16, 2012

Colluli potash resource tops 1 billion tonnes

South Boulder Mines Ltd (ASX:STB) is pleased to announce that the JORC/NI43-101 Compliant Mineral Resource Estimate for the flagship Colluli Potash Project now stands at 1.08 billion tonnes @ 18%…

April 16, 2012

Gem Diamonds expects prices to keep rising

Rough diamond prices were expected to continue climbing “across the market” this year, London-listed Gem Diamonds said on Monday.

April 16, 2012

The meek shall inherit the earth, but not its mineral rights: Meet mining’s 40 richest billionaires

MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.

April 15, 2012

South Africa’s Transnet coal deliveries gain momentum

Transnet on Monday raised the curtain on its recently announced $37 billion expansion programme, saying it included an ambition to take thermal coal rail capacity to 98Mt per year by…

April 15, 2012

Botswana’s diamond exports soar in February

Botswana's diamond exports surged forward in February for the first time since October 2011. The country's polished and diamond exports of $306.5 million are a 181.2 percent increase over January's…

April 14, 2012

Billionaire behaving badly? Glencore’s Glasenberg caught in Africa child labour, acid dumping row

In a scathing new BBC documentary that includes the first ever television interview with CEO Ivan Glasenberg, commodities trader Glencore is accused of allowing dumping of acid into streams, child…