Firestone in new short-term debt deal
Firestone Energy says it has negotiated a short-term debt facility of $2.2m, provided by the holders of the company's convertible notes.
Gold Fields expedites $340m Philippines deal
Gold Fields has paid $110m to exercise an option giving it 40% of the
Philippines-based Far South East copper and gold prospect.
Implats set to retain Mimosa shareholding
Zimbabwe’s Saviour Kasukuwere said Impala Platinum’s involvement in Mimosa
was a matter for shareholders following confirmation that an indigenisation
proposal had been accepted.
Mali “coup’ knocks Randgold shares
Shares in Randgold Resources are trading down 15% following reports from
Mali that elements of the country’s military have mounted a coup attempt.
AEMFC, green lobby head for Bela Bela clash
SA’s state mining company and environmentalists are heading for a showdown
after the company said it had applied for a prospecting licence around the
tourism mecca of Bela Bela.
Anglo seeking Oz, Indonesia coal assets
Anglo American was on the search for new assets in Australia, Indonesia and
Mozambique as prices for potential targets had come down, said Norman Mbazima,
head of the group's thermal coal business.
GEM pulls out of running for Ekati
GEM Diamonds said it would focus on doubling the capacity of its Letseng mine in
Lesotho rather than chasing the Ekati mine, the BHP Billiton mine currently under
the hammer.
Glencore snaps up Canada’s Viterra
Glencore, the world's largest commodities trader, is buying Canada's leading grain handler, Viterra, in a cash deal valuing it at C$6.1bn.
Nogxina jets off to Mexico
Former Director-General at the Department of Mineral Resources, Sandile
Nogxina, is leaving South Africa this week to take up his new position as the
country’s ambassador in Mexico.
Shabangu argues back over safety closures
Mines Minister Susan Shabangu has defended her department’s tough action on
mine safety, saying the increase in Section 54 directives issued has had "the
desired results'.