March 4, 2012

Angola blood diamond case: Bermuda firm cited

Angola’s attorney general has summoned witnesses to testify in a case involving a Bermuda-registered mining company which implicates some of the top figures in the country’s military and security establishment…

March 4, 2012

Production resumes at Impala Platinum after six weeks wildcat strike

Full production has resumed at the Impala Platinum Mine in Rustenburg, where workers had been on an illegal strike for six weeks.

March 4, 2012

Forbes & Manhattan acquires South African coal producer

Forbes & Manhattan Coal Corp. has made its final payment of 140 million South African rand ($18.6 million) to acquire Slater Coal (Pty.) Ltd., according to a March 1 news…

March 2, 2012

SearchGold Resources Inc.: completes private placement

SearchGold Resources Inc. (the "Company" or " SearchGold") (TSX VENTURE:RSG)(FRANKFURT:S1O) is pleased to announce that it has closed a private placement of 10,000,000 shares (each, a " Share") at a…

March 2, 2012

New study says 66% of institutional investors choose Africa as number one destination. No wonder. Have you seen the size of that place?

A new survey by The Economist Intelligence Unit finds when institutional investors interested in frontier markets were asked to choose two regions out of five, two-thirds see Africa – projected…

March 2, 2012

Extract Resources Ltd broadcast: Extract issues Target’s Statement, with Independent Directors unanimously recommending that shareholders accept the Taurus Offer

The Independent Directors of Extract unanimously recommend that shareholders accept the unconditional A$8.65 cash offer from Taurus Mineral Limited ("the Taurus Offer"), in the absence of a superior proposal.

March 2, 2012

Workers down tools at Kansanshi copper mine

Zambia Daily Mail reports that workers at the Kansanshi copper mine have gone on strike.

March 2, 2012

Glenstrata is still far from a done deal

March 2, 2012

Thailand’s PTT Plc buys Madagascar coal mine for US$50 million

Bankgok Post reports that PTT Plc has acquired the remaining shares in Perth-based Red Island Minerals for $50.2 million.

March 1, 2012

Zimbabwe seeking “lost” diamond revenue

Zimbabwe said Thursday it is seeking to trace lost revenue from the country's vast mineral reserves, as part of an attempt to shore up its finances.