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Zimbabwe moves to ban raw platinum exports

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Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.

China bans creation of new gold exchanges

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China will stop new gold exchanges being set up in a bid to harden regulation and promote healthier development of the Chinese bullion market, says the central bank.

China 2012 rare earth quotas unchanged

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China will keep rare earth export quotas for 2012 at this year's levels, a move that will ease overseas worries about the supply of 17 crucial elements used in high-tech manufacturing.

Zambia sees new metal export rules in Q1

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Zambia's new government will institute new guidelines for metals exports in the first quarter of 2012 that aim to enhance transparency, says the minister of mines.

Rio Tinto extends Hathor offer

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Resources giant Rio Tinto has again extended its offer to acquire all the common shares of Hathor Exploration for C$4.70 per share until January 6 2012.

Gold One given DMR’s go-ahead for Rand Uranium

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Gold One International says it has received the go-ahead from the department of mineral resources for its proposed takeover of Rand Uranium.

CoAL sells NiMag in management buyout

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Coal of Africa has agreed to the sale of the NiMag Group of companies, consisting of Nimag and Metalloy Resources Investments, by way of a management buyout.

Nkwe Platinum still stuck in the mud

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A year after Nkwe Platinum dismissed any threat to its development plans from ARM, the company is unable to reach an agreement over the disputed prospecting rights.

Guinea’s next steps: mining review, army reform

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Guinea will review mining contracts and cut the size of the armed forces during 2012, says President Alpha Conde.

Gold inches down as Europe worries persist

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Gold prices are inching down in thin trade as investors remain sceptical of the euro zone's ability to tackle its debt crisis.