June 26, 2012 Chinese diamond mogul funding Mugabe’s military: report A Chinese magnate, benefiting from his access to diamonds in Zimbabwe, is reported to have ploughed $100 million into the country’s Central Intelligence Organisation to fund covert operations against Mugabe's…
June 25, 2012 South Africa to up the rent because nationalisation would break the bank The African National Congress has proposed a tax to raise R40 billion: the Resource Rent Tax would take 50% of a mining company's profits that exceed 15% return on their…
June 25, 2012 Glencore, Lexshell consortium owns 71% of Optimum Coal A consortium comprising commodities trader Glencore and South African businessperson Cyril Ramaphosa’s Lexshell 849 has increased its shareholding in black economic-empowered Optimum Coal to just over 70%.
June 25, 2012 Rio Tinto makes first coal shipment from Mozambique Giant miner Rio Tinto said Monday that it has started exporting premium hard coking coal from its Mozambique Benga Mine, its first shipment of 34,000 tons has left the Port…
June 25, 2012 Cardero maintains it followed best business practices regarding acquisition of the Sheini Hills iron ore project, Ghana Cardero works with RCMP and begins private investigation after allegations that it used improper business practices to secure iron ore concessions in Ghana.
June 22, 2012 Banro provides Twangiza gold mine update Actual gold production is off of the projected amount by 40% primarily owing to the downtime of the No. 1 ball mill, says Banro
June 22, 2012 Aquarius Platinum puts Everest Mine on care and maintenance Due to an platinum market that is an “abiding surplus”, the board at Aquarius Platinum (LON:AQP) placed its Everest mine on care […]
June 21, 2012 La Mancha discovers a significant VMS lens below the Oderuk Pit, the fourth of 12 VMS targets at its Hassaï property Drill results confirm the presence of a significant VMS lens below the Oderuk pit, with similar geological characteristics to those of the Hassaï South VMS deposit.
June 21, 2012 Xstrata to pay $342 million to execs after Glencore merger triggers ‘red-top alert’ The unusual alert, considered the Association of British Insurer's most serious warning, indicates a breach in corporate governance.
June 20, 2012 Rio Tinto breaks the piggy: $4.2 billion investment to boost its iron ore business Giant miner Rio Tinto (LON:RIO) continues to build its reputation as the most bullish of the major mining companies after it announced today it will spend $4.2 billion on top-tier…
Codelco achieves certification for silver bullion production Codelco's silver bars are the first in the South American country to be certified under the Good Delivery standard. January 14, 2026 | 07:02 am
