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.
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.
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.
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.
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.
Chinese set Feb 2 deadline on Kalahari bid
CGNPC has set a February 2 deadline on its offer for Kalahari Minerals, which may trigger a $2.2bn bid for Kalahari's Australian subsidiary Extract Resources Ltd as early as March.
Keaton completes Leeuw takeover
Keaton Energy has announced the completion of its transaction to takeover a 74% stake in Leeuw Mining & Exploration.
Rand seen below R8/$ 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.