February 20, 2012

Zambia NFCA Starts Work On $832 Million Copper Project – Report

Chinese-owned NFCA Mining has stated developing a $832 million copper mine project in Zambia's Copperbelt province as it steps up efforts to boost copper production at its Zambian operations, Zambia's…

February 20, 2012

Elemental to Raise $1.7 Billion Next Year to Mine Potash

Elemental Minerals Ltd. (ELM), owner of a potash project in the Republic of Congo, plans to raise about $1.7 billion next year to develop production by 2015, Chief Executive Officer…

February 20, 2012

Caledonia gives 51% of Blanket to indigenous Zimbabweans

Caledonia Mining announced on Monday it has signed a deal with the Zimbabwe government to sell 51% of its Blanket mine to indigenous Zimbabweans for $30 million. The purchase price…

February 20, 2012

Final decision soon on Gold Fields tailings joint venture with Gold One

Gold Fields Limited has confirmed that it hopes to make a decision within three months on the way forward for its proposed West Rand tailings treatment joint venture with Gold…

February 19, 2012

S.Africa arrests 350 in clashes at platinum mine

Police arrested at least 350 people after deadly violence during an illegal strike at the world's largest platinum mine run by South Africa's Impala Platinum, a senior officer said Sunday.

February 19, 2012

Sudan exports 7.2 tonnes of gold in first 6 weeks of year

As a means of compensating for lost oil revenues following secession of South Sudan, Sudan has exported some $400 million worth of gold already this year.

February 19, 2012

Ex Equinox Minerals CEO back on African mining trail

WSJ reported that Mr Craig Williams is back in Africa with a new mining venture 7 months after steering Zambia-focused copper producer Equinox Minerals to USD 7.3 billion Canadian dollar…

February 18, 2012

Lawyers investigating Kinross Gold over non-disclosure of Tasiast gold mine low grade ore

A number of U.S. law firms are investigating Kinross over claimed non-disclosure of low grade ores at its Tasiast gold project in Mauritania to assess whether the gold miner may…

February 18, 2012

Union says Impala Platinum to rehire all strike-dismissed miners

World No. 2 platinum miner, Impala platinum is to re-instate all the workers dismissed in the recent strike at its flagship Rustenburg operations

February 17, 2012

Ethiopian Potash Corp.: More positive drill results on Danakil Project, Ethiopia

Ethiopian Potash Corp. reported a compilation of positive drilling results on its Danakil Project, Ethiopia.