November 10, 2012 Government confirms Vale Mozambique to free up 10% of share capital for local investors Government officials in Mozambique have confirmed that Vale Mozambique, the local subsidiary of Brazil's Vale SA, will make available 10% of its shares for purchase by local shareholders.
November 9, 2012 Lonmin says no to takeover bid by Xstrata Despite market rumours indicating otherwise, South Africa’s platinum producer Lonmin (LON:LMI) rejected Friday a reverse takeover bid by Xstrata (LON:XTA), its unhappy largest shareholder, as it announced a loss before…
November 9, 2012 Lonmin to make $800 million share offer at 45% discount to TERP Inside sources claim platinum miner Lonmin (LON:LMI) will price an upcoming share offer at a 45% discount to the theoretical ex-rights price (TERP) on Friday, in the hope of raising…
November 9, 2012 South African report highlights Chinese labor abuses in the Sub-Sahara A new report by Johannesburg-based South Africa Resource Watch (SARW) claims that China is exploiting cheap labor in the sub-Saharan nation and subjecting employees in the mining industry to harsh…
November 9, 2012 Positive drill results at Ngualla rare earth project Peak Resources Limited the developer of a potentially low cost, long term rare earth project in Tanzania, announced additional new drill results from its 100%-owned Ngualla Rare Earth Project in…
November 8, 2012 AngloGold mines on the mend – CEO AngloGold Ashanti (NYSE:AU) CEO, Mark Cutifani, reassured investors on Thursday the firm would turn the corner after several strikes in the mining sector left it with major losses.
November 8, 2012 S. African strikes drop annual mining production 8.3% In what it shouldn’t come as a surprise for anybody who has been following the news in the last three month, South Africa reported Thursday its mining output dropped 8.3%…
November 7, 2012 Village Main Reef workers down tools at Buffelsfontein gold mine Village Main Reef Gold Mining Co. said today that workers at its Buffelsfontein gold mine launched an unprotected strike yesterday night.
November 7, 2012 China Gold examining potential takeover of African Barrick Gold China's largest gold producer, China Gold Group, announced yesterday that it will be accelerating its overseas acquisitions to secure resources abroad.
November 7, 2012 Randgold reports 3Q 2012 results; profit down 15% QoQ Rangold Resources today reported its results for 3Q 2012. Profit totaled USD 121.3 million, down 15% QoQ but in line with 3Q 2011.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
