Zambia not keen on mine windfall tax
Zambia will not re-introduce a mine windfall tax it abolished in 2009, says its Finance Minister.
Namibia clears Extract to build Husab
Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a suitor may offer for the $2bn company.
RBCT responds as Transnet ups pace
Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.
Collahuasi says plants working amid stoppage
Chile's giant Collahuasi mine has confirmed workers on two shifts have downed tools at the world's No. 3 copper mine, adding that its plants were fully operational.
Sierra Leone to post mining revenues online
Sierra Leone will soon launch a public website to detail mining revenues in an effort to ensure that an expected resource bonanza is handled transparently, officials say.
The return of Bernard Swanepoel
Village Main Reef looks a high-risk, high-reward play that widows and orphans should avoid, but gold bugs could be attracted to like moths to a candle.
Kumba workers reap big payout
Kumba Iron Ore says that over 6,200 of its employees will reap a R576,045 payout in December as part of an "empowerment" plan aimed at non-managers.
BHP Billiton wants out of diamonds
BHP Billiton is looking to exit the diamond business as the contribution of the division to the overall performance of the group remains insignificant, with limited options available to grow.
Glencore ‘leads bid’ for Exxaro’s Rosh Pinah
Glencore International is emerging as the preferred bidder for the 50.04% stake in Namibia's Rosh Pinah Zinc mine held by Exxaro Resources, reports Bloomberg.
Revised MPRDA at least a year away
Proposed amendments to the Mineral and Petroleum Resources Development Act will not come into law before end-2012, says Mines Minister Susan Shabangu.