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.
Mozambique families protest against Brazil’s Vale
Families resettled by Brazilian mining giant Vale in the Tete region of Mozambique have protested that the company had failed to keep promises it made to them in 2009.
Chinese firm closes in on Extract
China is a step closer to pounce on Extract Resources after Namibia’s competition authorities has consented to a proposed takeover.
Exxaro confirms R2.8bn African Iron swoop
Exxaro Resources confirmed week-long speculation it would make its first foray into iron ore bidding up to a 49% premium for African Iron which operates in the Republic of Congo.
Sekoko rethinks its Waterberg strategy
Sekoko Resources says it is negotiating a significantly improved offtake agreement with Eskom for its Waterberg coal project, after stepping back from a deal concluded in 2011.
Zambia to double mining’s contribution to GDP
Zambia plans to double the contribution of the mining sector to its GDP to 20% to enable the country get more benefits from its natural resource, says mines minister Wylbur Simuusa.
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.
Namibia uranium output down on poor weather
Namibia's uranium production fell in the first 10 months of 2011 compared with the previous year, but output is expected to rise as expansion projects come online.
Limpopo lifts the veil on Coal India talks
The Limpopo government has acknowledged its proposed partnership with Coal India, saying the JV will shop for greenfield assets and early stage projects.
RBCT gilds the lily on coal exports
Coal export statistics for 2011 released by the Richards Bay Coal Terminal are not as good as they look and only marginally above what was achieved in 2010.