Markets

Glencore suspends production at Mopani in Zambia after accident leaves two...

GLENCORE suspended production at its Mopani Copper Mines (MCM) in Zambia on March 19 after two workers were killed in an accident, said Reuters. “All...

AEMFC failed to win Govt. support for Optimum bid – report

A BID by the state-owned African Exploration & Mining Finance Company (AEMFC) to take control of Optimum Coal Mines in consortium with a private...

Tanzania to establish trading centres to curb illegal gold exports

TANZANIA is to establish government-controlled trading centres by the end of June in an effort to curb illegal exports of gold and other precious...

Bids thrown open for Koornfontein after Project Halo fails to deliver...

BIDDING to supply post-commencement funding (PCF) to Koornfontein coal mine in South Africa’s Mpumalanga province has been re-opened after the preferred offeree, Project Hope, failed...

Indian anti-trust authorities raid Glencore offices amid cartel allegations

ANTI-trust authorities in India raided the offices of Glencore on March 25 in order to investigate allegations that it formed a cartel to discuss...

AMCU secondary strike bid “unreasonable” in resounding Labour Court judgement

THE Association of Mineworkers & Construction Union’s (AMCU’s) efforts to broaden industrial action has failed after the Labour Court today judged a secondary strike...

Sitatunga ready to begin manganese project after receiving permits

UNLISTED mining company Menar said subsidiary, Sitatunga Resources, was ready to begin production from its Hotazel manganese deposit in South Africa’s Northern Cape province after...

Inter-ministerial, union meetings set to continue in bid to end gold...

MEETINGS between the ministers of police, labour and mineral resources with labour unions regarding violence related to a strike in west Johannesburg’s Carletonville were set...

Burkina Faso fights off $2.2bn claim from Timis over rights to...

THE government of Burkina Faso has fought off a $2.2bn claim brought against it by Pan African Minerals Group, a company owned by mining tycoon...

Exxaro to send test train from Grootegeluk in bid to ease...

EXXARO Resources will send a “test train” carrying coal to Eskom power stations in Mpumalanga province from its Waterberg operations in the Limpopo province...