August 22, 2011

Endeavour, Adamus merge into West African gold producer

Shares of Endeavour Mining were up 6.15% on the TSX on Monday, after the Canadian company agreed to buy Australia's Adamus Resources, which gained 9% on the news.

August 22, 2011

India to consider banning chrome ore exports to China

According to the CEO of Albanian Minerals, India and South Africa are mulling a ban on raw chrome exports to China in a bid to keep local ferrochrome producers competitive…

August 22, 2011

Aquarius Platinum still in talks over Mimosa operation

The platinum miner said Monday it was still in talks with the Zimbabwean capital over a key deadline after its indigenization plan was rejected last week.

August 22, 2011

Australia miners taking another look at Uganda

Four years after Hardman Oil sold its stake in Uganda's oil industry, Australian firms are taking a second look at the country with the appointment of an honorary consul to…

August 21, 2011

Anglo American’s fight for largest iron ore mine in Africa turns ugly

South Africa’s Department of Mineral Resources, defending itself in court after awarding prospecting rights to a company linked to President Jacob Zuma’s son, will seek criminal charges against the plaintiff…

August 21, 2011

Canada’s Caledonia contests Zimbabwe licence withdrawal

Caledonia Mining, which owns Blanket Mine near Gwanda, on Friday said Youth Development, Indigenisation and Empowerment minister Saviour Kasukuwere acted outside his ambit in asking the ministry of mines to…

August 19, 2011

Zimbabwe gives mines 14-day deadline to hand over majority

Zimbabwe's government has given foreign companies including miners and banks a 14-day ultimatum to submit plans on how they propose to transfer majority stakes to local owners or risk losing…

August 19, 2011

Anglo American said to weigh counterbid for Macarthur Coal

Anglo American is exploring a bid for Macarthur Coal that would challenge Peabody Energy Corp.’s $4.9 billion offer for the Australian miner, said two people with knowledge of the matter.…

August 19, 2011

Tantalum miner Noventa places $30 million, asks investors for $7 million more

London and Toronto-listed Noventa announced Friday that it placed 73,600,000 new ordinary shares at a price of 25 pence each with institutions and other investors to raise roughly $30.3 million.…

August 19, 2011

NUM says Implats wage offer too low

JOHANNESBURG (miningweekly.com) Wage negotiations between the National Union of Mineworkers (NUM) and the world's second-largest platinum miner Impala Platinum (Implats) broke down on Friday. NUM spokesperson Lesiba Seshoka told Mining…