October 6, 2011 Zambia lifts metal export ban Reuters reports Zambia has lifted a ban on metal exports just two days after imposing it to sort out revenue collection and increase transparency in Africa's top copper producer, a…
October 5, 2011 Richards Bay Coal Terminal CEO quits Richards Bay Coal Terminal (RBCT) CEO Raymond Chirwa has resigned. RBCT chairperson Imogen Mkhize said in a statement that RBCT’s GM Alan Waller would act as RBCT CEO until further…
October 5, 2011 Mining surge to increase DRC’s power deficit The Democratic Republic of Congo would see its energy deficit dramatically increase in the next four years due to a surge in demand from the mining industry, the country's national…
October 4, 2011 Metorex hits record with 15% increase in quarterly copper production Metorex Limited (JNB:MEMTX) reached a new high in quarterly copper output, with production rising by 15% to 15,202 tons. Cobalt output rose by 11% to 942 tons.
October 4, 2011 Hanlong buys Sundance for US1.57B A Chinese company has made another bid to secure iron ore and other metals beyond its borders. On Tuesday Hanlong Mining said it will buy Perth-based Sundance Resources for US$1.57…
October 3, 2011 Vale to concede 35% of Simandou to Guinea Vale SA will likely hand over 35% of its Simandou iron ore project to Guinea. The Wall Street Journal (sub required) is reporting that Vale, one of the top three…
October 3, 2011 China’s Hanlong ups takeover offer for Australia’s Sundance Two sources familiar with the situation told Reuters the Chinese firm has agreed to raise its offer price for Sundance Resources to secure an agreed takeover bid for miner. Chinese…
October 3, 2011 Shanduka eyes majority stake in Lonmin’s Limpopo division World's third-largest platinum producer, Lonmin, said on Monday it had agreed a deal which could see South Africa's Shanduka investing R1.1 billion rand for control and management of its Limpopo…
October 3, 2011 Banro start to gold production from Twangiza, DRC, imminent Banro’s Twangiza gold mine (IM, February 2008, pp8-26) is on schedule to pour gold in Q4 2011 and ramp up to full production of around 10,000 oz/month early in 2012.
October 2, 2011 Forevermark Diamond Jewelry Brand Expects $300M in Revenue in 2011 The Forevermark diamond jewelry brand launched in India in January 2011 De Beers’ Forevermark diamond jewelry brand expects revenue to reach $300 million in 2011, compared to $250 million in…
Iran says potential energy, mining deals on table in talks with US Iran has threatened to strike US bases in the Middle East if it is attacked by US forces but on Sunday took a conciliatory line. February 15, 2026 | 09:34 am
