Zimplats ‘hit with $28m royalties bill’
Zimbabwe has instructed the bankers for Zimplats to pay $28.3m in outstanding royalty payments, which the platinum miner is disputing, reports state media.
Exxaro bids A$300m for African Iron: report
Exxaro Resources has renewed its bid to take direct operating control over an iron ore mine, reportedly bidding R2.4bn for Australia's African Iron.
Village Main Reef hits output hurdles
Village Main Reef has lost some momentum in the turnaround of the assets it bought from Simmer & Jack in 2011, with all its operations recording an output decline.
Gold One completes Rand Uranium buy
Gold One International says all conditions for its acquisition of Rand Uranium for $250m have been fulfilled.
TFR, RBCT deliver one big push in December
Richards Bay Coal Terminal put in a strong performance during December, lifting SA’s coal exports for 2011 above the figure achieved the previous year.
Top SA mining execs consider their future
Given the shortage of skills in mining, there's a lot of interest in where executives like Metorex CEO Terence Goodlace and Rand Uranium's former CEO John Munro may end up.
Indian coal giant in Limpopo rights talks
UPDATED: Coal India Ltd, the world’s largest coal producer, may be signing an agreement with the Limpopo government later in January to obtain the mining rights on several properties.
Kathu feasts in Kumba’s Envision windfalls
Kathu, the Northern Cape mining town, has been turned upside down following Kumba Iron Ore's payouts of up to R576,000 to each of its employees.
Rand seen below R8/$ by end-2012
The rand is expected to firm to R7.825/$ in 12 months, a Reuters poll shows, but that is dependent on a solution to Europe's debt crisis and a pickup in global growth.
Soft landing in China forecast
China's GDP growth would continue to be supportive of metal prices, according to a report by Goldman Sachs. However, the rand would strengthen before the end of 2012.