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MPs pinpoint three acid drainage mines

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Parliamentarians examining the environmental threat of acid mine water on the Witwatersrand are focusing their attention on three mines.

State allowed to appeal rights ruling

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The state has been granted leave to appeal a high court ruling that some provisions of the minerals act amount to the expropriation of mineral rights.

More Zambian miners face tax queries

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Zambia's finance minister says audits have highlighted tax "issues" with mining assets owned by Vedanta Resources, First Quantum Minerals as well as Glencore.

Tanzanian MPs back mineral super tax plan

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Tanzania's parliament has approved a $27.4bn five-year development plan, backing the proposed introduction of a super-profit tax on mining companies.

Zim indigenisation laws ‘to carry on’

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The scathing attack by Zimbabwe’s parliament on the country’s indigenisation laws should not be interpreted as the end of the controversial legislation, says a mining industry official.

‘Serious discrepancies’ at Aurora

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New liquidators have uncovered discrepancies between the assets handed to back Aurora's liquidators, and those given to Aurora when it made a R600m bid for the financially-striken Pamodzi Gold mines.

Glencore profits jump 45%

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Commodities trader Glencore has seen operating profit grow 45% in the first quarter as market volatility boosted its marketing arm and says it sees demand for commodities remaining healthy.

Tanzania sets out plan for super tax

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Tanzania will not unilaterally impose a proposed super profit tax on mining firms but will try to persuade existing firms to comply, says a senior government official.

Wage negotiations start for coal and gold

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The National Union of Mineworkers has started wage talks with the Chamber of Mines on the union's demand for a 14% rise in salaries from gold and coal miners.

Work on acid mine water underway

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Environmental officials are working to curb the potential dangers posed by the impact of acid mine drainage in the Witwatersrand mining area.