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%.

October 10, 2014

ContiCoal gets ‘offers’ for SA mines

The fog hanging over the South African assets of Continental Coal may clear in the next few days in the wake of 'offers' for the mines.