October 15, 2014 Mozambique’s mining boom damns the poorest Although investments in extractive industries have contributed to high economic growth rates in the past several years, this growth has not translated into significant reductions in poverty or improvements in…
October 15, 2014 Mines back up and running and commencing with stock clean up With mines back in operation and some already up to full production, various companies such as Impala Platinum, Diesel Power and Sibanye Gold will be taking to market a variety…
October 15, 2014 Australia, Brazil to control 90% of global iron ore trade by 2020 Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.
October 14, 2014 South Africa considers declaring certain minerals as strategic Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.
October 14, 2014 South Africa’s gold miners look at mergers to stay afloat Harmony Gold, Sibanye Gold Ltd., and AngloGold Ashanti named among the top candidates to consider deals.
October 14, 2014 First Quantum warns Zambia tax hike will cost jobs, investment drop The miner, Zambia's largest foreign investor, operates Kansanshi mine, the eighth largest copper mine in the world, as well as the country's biggest.
October 13, 2014 Wesizwe has BEE plan if Govt. wants increase Wesizwe Platinum said it had an empowerment plan if required by government to lift its BEE holding to beyond the current 13%.
October 12, 2014 JSW Steel close to acquiring London Mining JSW Steel has almost clinched a deal that would see India's third-largest steel company acquire embattled London Mining (LON:LOND), sources close to the negotiations revealed on Friday.
October 12, 2014 Illegal gold miners face arrest Energy and Water Development Minister Christopher Yaluma says security wings have managed to trace some illegal gold miners and dealers on the black market in the ongoing investigations.
October 10, 2014 Zambia launches major overhaul of mining tax, increases royalties Underground mining royalties will go up from 6% to 8%; underground taxes now 20%.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am