January 8, 2012

Indian coal giant buys SA rights

Later this month Coal India Ltd (CIL), the world's biggest coal producer, will sign an agreement with the Limpopo government in terms of which it will receive mining rights on…

January 6, 2012

Kansanshi back in business, First Quantum confirms

First Quantum on Friday confirmed it restarted operations at its Kansanshi copper mine in Zambia, after a strike curbed output for two days this week.

January 6, 2012

Two fatalities at South African gold mines in one day

Two South African gold mines have reported fatalities at their mines on the same day.

January 6, 2012

Residents along polluted river threaten to deal with Newmont

Residents of Kwame Boahenkrom in the Asutifi north district of the Brong Ahafo Region have threatened to deal ruthlessly with Newmont Ghana Gold Limited if they do not halt polluting…

January 5, 2012

NMDC may pay $300 million for Mozambique, Russian coal mines

NMDC Ltd., India’s largest iron ore producer, plans to acquire two coking coal mines in Mozambique and Russia for about $300 million to feed its planned steel plants in India.

January 5, 2012

Beacon starts coal exports from Mozambique

British company Beacon Hill Resources has announced that it has begun exporting coal from the central Mozambican port of Beira.

January 5, 2012

First Quantum gets out of Congo with $1.25 billion asset sale

First Quantum Minerals, the Vancouver-based copper miner embroiled in a dispute with the Congolese government over expropriation of one of its key assets, has sold its mines in the Central…

January 5, 2012

Go to market, not the vault for gold bargains: David Baker

Baker Steel Capital trades on its analysts' "intellectual capital and technical expertise" when it comes to knowing when and where to invest.

January 5, 2012

Newly Discovered Diamond Mines Bring Hopes of Development to Cameroon

The recent discovery of previously untapped diamond mines in Eastern Cameroon has had the Cameroon news media in a virtual frenzy, but that’s not all.

January 5, 2012

Union drops strike at First Quantum mine in Zambia

Workers at First Quantum Minerals' Zambian copper/gold mine resumed work this morning after the country’s minister of labour intervened to end the two-day wage strike.