December 7, 2011

Glencore acquires 43.66% of SA coal business

Glencore International, the world's largest commodities trader, on Wednesday announced that it had completed the acquisition of an effective 43.66% equity interest in Umcebo Mining, a South African coal mining…

December 7, 2011

Human Rights Watch finds evidence of child labour in Mali gold mines

It is a sad but indisputable fact that in today's mining industry there are countries that still allow labour practices that belong in Dickensian England rather than a modern economy.

December 7, 2011

SA misses coal boom

South Africa's coal exports are surging into 2012 just when top spot buyers China and India are out of the market and supply bottlenecks elsewhere have eased, so it will…

December 7, 2011

Brawl brews over Sheini Hills iron ore mines

A long legal battle is looming over who has the right to mine iron ore in the Sheini Hills at Zabzugu-Tatale in the Northern region of Ghana.

December 7, 2011

Murray & Roberts Cementation preferred contractor for proposed Venetia underground diamond project

Murray & Roberts Cementation has been selected by De Beers as the preferred contractor to undertake the development of an underground mining operation at Venetia diamond mine. This project is…

December 5, 2011

Gold Fields says Ghana tax plan may halt $1 billion projects

Gold Fields Ltd., the fourth-biggest producer of the metal, said Ghana’s plan to raise tariffs on mines and introduce a windfall tax could force it to halt expansion projects worth…

December 5, 2011

MDM awarded EPC contract for Tharisa chromite/platinum expansion

MDM Engineering Group has signed the contract for the Engineering, Procurement & Construction (EPC) of Tharisa Minerals’ chromite and platinum expansion project in South Africa, near Marikana.

December 5, 2011

Randgold: Funding dearth means more junior gold consolidation

Speaking in an interview with MiningWeekly, CEO Mark Bristow said he expected deal making in the junior gold space to continue, as funding sources dry up.

December 5, 2011

Gold Fields CEO says not averse to M&A to ramp up to 5 million ounces

BusinessLive reports Gold Fields, the world's fourth largest gold producer, is not averse to merger and acquisition activity but will not rely on it, said CEO Nick Holland on Monday.…

December 5, 2011

Global Witness leaves ‘diamond laundering’ Kimberley Process, calls Zimbabwe decision an outrage

The human rights organization – co-nominated for the 2003 Nobel Peace Prize for its work on conflict diamonds – said the decision to allow diamonds from Zimbabwe's rich Marange fields…