Shanduka prepares to widen its reach
Negative sentiment towards SA has kept the valuation of good mining assets in check,
says Shanduka Resources.
Poll, indigenisation weigh on Zimbabwe miners
Regulatory uncertainty will continue to weigh heavily on investor sentiment in
Zimbabwe this year, amid the advancement of indigenisation and looming elections.
Miranda set to announce resolution
Miranda Minerals is hoping to draw a line under shareholder in-fighting that almost took the company to bankruptcy.
Watchdog explains ruling on Petmin’s SamQuarz
Allowing the sale of Petmin’s SamQuarz silica mine to Thaba Chueu will enable the buyer to control the critical input of its downstream competitors, says the Competition Commission.
Funds target pockets of tight supply in 2012
Tight supply in grains and industrial metals such as copper along with further support for gold offer opportunities in what top commodities managers see as another challenging year in 2012
Godongwana stays as state intervention ‘chief’
Enoch Godongwana, who is serving his last day in Cabinet, will remain in his position as head of the ANC’s committee that will handle the report on state intervention in mining.
Transnet unveils R17bn coal solution
The much-vaunted Lothair rail project, expected to help massively ramp up coal deliveries to Richards Bay, was officially unveiled with a completion date of 2016 set for the initiative.
LME board to consider bids in late February
The London Metal Exchange has several serious potential bidders and will consider takeover proposals at its board meeting in late February, says CEO Martin Abbott.
Malawi, Vale ink $1bn rail line deal
Malawi has signed a $1bn deal with mining giant Vale for construction and rehabilitation of a rail line to transport 18 million tonnes of coal from Mozambique.
LME faces backlash against new trading fee
LME members are pushing the exchange to backtrack on a new trading fee that would boost its revenues and entice potential bidders for the 130-year-old exchange.