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Codelco funds option in Anglo copper mine

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Chile's Codelco secures $6.75bn in bridging finance that could see it take a 49% stake in Anglo American Sur, a property that houses Anglo American's prized copper mine, Los Bronces.

Looking for a better Chinese deal

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If Africans are going to take full advantage of China's hunger for its resources, they need to focus less on the instant cash and more on securing more substantial deals.

BHP approves $1.2bn for Olympic Dam expansion

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BHP Billiton has approved $1.2bn in pre-commitment capital to start expansion work on its Olympic Dam copper and uranium mine.

CRG closure casts doubt over drainage plan

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The Department of Water Affairs will be able to deal with the most critical aspects of acid mine water by year-end, but doubts over Central Rand Gold may thwart its plans.

Mpumalanga back in business

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The Department of Mineral Resources has confirmed that the moratorium on prospecting right applications in Mpumalanga has been lifted.

Ghana talks with gold miners over new taxes

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Ghana is in talks with gold miners in the country over additional taxes so as to benefit from the soaring price of the precious metal, says the government.

China resource tax goes national

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China will extend a regional resource tax on domestic sales of crude oil and natural gas to the whole country and widen it to include coking coal and rare earths.

Raising the bar on BEE

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Kumba Iron Ore’s windfall BEE payout has restored confidence in black economic empowerment.

BHP gets go-ahead for Olympic Dam expansion

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BHP Billiton has moved a step closer towards an estimated $20bn to $30bn expansion of its Olympic Dam copper and uranium mine.

Sata’s clean sweep gets thumbs up

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Since his upset Sept. 20 election victory, former opposition Michael Sata has made his mark on Africa's biggest copper producer.