March 7, 2012

EU Commission gives Anglo American the green light for De Beers takeover

Anglo American (LON:AAL) can officially take over De Beers as the European Commission granted the global miner authorization to proceed with its acquisition of the world's biggest diamond company, announced…

March 6, 2012

First Uranium provides additional clarification on unsecured debenture interest payment

TORONTO AND JOHANNESBURG, March 6, 2012 /CNW/ - First Uranium Corporation (TSX: FIU.DB) (ISIN: CA33744R1029) ("FIU" or the "Company") As previously announced on March 2, 2012, FIU entered into agreements…

March 6, 2012

Endeavour Mining sells 40% interest in Finkolo JV for US$20 million cash

MONACO, March 6, 2012 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR) is pleased to announce it has entered into a definitive agreement with Resolute Mining Limited…

March 6, 2012

Merafe CEO calls for $100/t export tariff on South African chrome ore

South Africa is pricing itself out of the ferrochrome market despite it being the world's largest producer of chrome ore by selling it at low cost to China

March 6, 2012

Fairtrade Foundation to certify African gold

The group will work with eight mining groups in Kenya, Tanzania and Uganda to address dangerous working practices and environmental damage in small-scale gold mining.

March 6, 2012

Zimbabwe to announce Implats fate after ownership talks deadlocked

State-controlled Herald newspaper says Zimbabwe's Mines and Empowerment ministers will meet on Wednesday and announce a decision on Zimplats after latest talks on black ownership ended in deadlock.

March 5, 2012

Glencore perplexed by Zambia copper plant closure, to testify before UK parliament’s tax avoidance inquiry

Glencore on Monday expressed surprise over health and environment officials in Zambia's decision to immediately close a Mopani copper operation over complaints from residents of a nearby town. The London-listed…

March 5, 2012

Near-record for mining M&A in 2011 to be followed this year by an “African Renaissance” – PwC

If 2011 was a near-record year for mining mergers and acquisitions (M&A), with over 2,600 deals worth $149 billion announced in the global mining sector, 2012 will be remembered as…

March 4, 2012

Two top copper mines in Zambia shut down

Two of Zambia's largest copper mines, Glencore's Mopani and Xstrata's Kansanshi were shut over the weekend; the former over health concerns and the other after workers downed tools.

March 4, 2012

Mining giant turns to content marketing to attract quality candidates

Australia, Canada, South Africa and many more countries are courting a small, transient, global workforce of engineers, geologists and metallurgists to keep their mining, oil and gas, and energy operations…