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Namibia’s miners say unaware of Govt. plans to take minority interest...

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MINERS operating in Namibia said they were unaware of plans by the country's government to take a free carry stake in their operations. This was...

Why Tharisa could be worth double its market value

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THE irony of the government’s proposed chrome tax, aimed at encouraging local beneficiation of minerals, is that it punishes companies that do most to...

Grade lift will have “impact on bottom line”, says Copper360’s Nelson

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JUNIOR miner Copper360 has reported better-than-expected copper recovery grades and faster recovery times from test work on drill cores taken at its Rietberg copper...

Barrick Gold “actively looking at copper projects” as M&A window closes...

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BARRICK Gold has switched its attention from copper industry merger and acquisition activity towards exploration following the improvement in the price of the red...

Carroll hits out over taxes, nationalisation

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Governments in mineral-rich countries must steer clear of the "blind alleys" of nationalisation and excessive tax if they want to attract continued investment from global miners, says Anglo American CEO Cynthia Carroll.

CoAL opts for ‘Makhado lite’ after project rescope slashes capex 70%

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COAL of Africa (CoAL), the Johannesburg-listed coal development and operating firm, has drastically reduced the scope of its Makhado thermal and coking coal project,...

Bristow says Acacia takeover by New Barrick “a definite option”, but...

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THE buy-out of minority shareholders in Acacia Mining by New Barrick was "definitely one option", said Mark Bristow, CEO of Randgold Resources. "It's not a...

ARM iron ore to post lower profits in future

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African Rainbow Minerals said the iron ore division would return lower profits than usual but added that downward pressure on the price would be relieved.

UN names Rwandan firm in Congo mineral trafficking

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A CONFIDENTIAL United Nations report has identified Rwanda's Boss Mining Solution as complicit in purchasing minerals smuggled from rebel-controlled areas of Congo, according to...

Metorex gets shareholder thumbs-up

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Mining group Metorex is set to move ahead with the sale of its entire stake in Vergenoeg Mining Company after securing shareholder approval.