Mboweni buys stake in iron ore junior
Former Reserve Bank Governor Tito Mboweni and his brother, Alto, will buy up to 20% of iron ore junior Ferrox Holdings in a $32m deal.
Desperate PLA lets go of Smokey Hills contractor
Platinum Australia is hoping for a fresh start after a share price plunge of around 90% in 2011, announcing it will from now on conduct its own operations at the Smokey Hills mine.
Gold Fields agrees plan to resume Kyrgyz drilling
Gold Fields has signed an agreement with Kyrgyz villagers that will enable it to resume drilling at a prospective copper deposit, three months after an arson attack.
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.
Eskom asks for 10% drop in power use
Power utility Eskom says it needs people to cut their power usage by 10% to keep the country's electricity supply running.
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.
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.
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.
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.
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.