Sata’s shake-up ‘for the better’
A leading Zambian legal expert says mining firms have little cause for panic over the policies of Zambia’s President Michael Sata, saying these steps will help to stamp out corruption.
Tanzanian mining stumbles through 2011
Tanzania's mining sector grew only slowly this year due to uncertainty over government policies and a prolonged energy crisis, says a mining official.
Zambia suspends issuance of mining licences
Zambia has suspended the issuance of new mining licences to root out potential corruption and "clean up" the process, says its mines minister.
Xstrata tells unions to take it or leave it
Xstrata has threatened to pull out of its proposed employee share ownership plan after a labour dispute related to the scheme had culminated in a protected strike.
BHP’s iron ore output climbs, copper falls
BHP Billiton has posted a 24% rise in quarterly iron ore production as it boosted sales to Asian steel mills, but copper output from its Escondida mine in Chile has declined.
DMR blames fiscus for capacity ills
Parliament’s mining portfolio says it will summon Treasury to explain why the Department of Mineral Resources has not been given enough money to fill crucial vacancies.
Xstrata posts coal output record
Xstrata has posted record thermal coal production in the third quarter and a more than 7% rise in overall coal output, thanks to the start of operations at its Mangoola mine.
Gemfields goes big on emeralds
London-listed Gemfields is generating cash hand-over-fist and intends using its financial strength to gain greater control over the world's emerald business.
MPs seek clarity on BEE milestones
Parliament has asked the Chamber of Mines to explain how the industry’s assessment of BEE compliance differs so vastly from government’s conclusions.
Pallinghurst share price woes continue
The share prices of Pallinghurst and two of its key operating arms remain stubbornly depressed, forcing management into remedial actions like share buy-backs and additional listings.