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Peru, miners in pact to change royalties

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Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, say sources on both sides of negotiations between companies and government.

RBPlat strikes landmark wage deal

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Royal Bafokeng Platinum CEO Steve Phiri is describing the wage deal struck with the National Union of Mineworkers as "landmark" because it links pay to performance targets.

Kumba justifies claiming it all

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Kumba Iron Ore has offered some detail to its arguments as to why it shouldn’t be compelled to supply iron ore to ArcelorMittal SA, or anybody else, at a discount.

Zimbabwe approves mineral exploration body

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Zimbabwe's Cabinet has approved the draft framework for establishing a company to spearhead exploration of minerals throughout the country, according to a report.

Kumba lets fly at ICT testimony

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Kumba Iron Ore has laid into allegations that it had deliberately sabotaged ICT's application for a 21.4% prospecting right in Sishen mine to make the submission appear fraudulent.

Jinchuan lays out strategy for Metorex

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Chinese resource heavyweight Jinchuan intends using Metorex as a strategic platform for further developments in Africa and wants to keep the present management on board.

Forbes sets out growth targets

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Forbes Coal said run-of-mine coal production would increase just over 400,000 tonnes from its two KwaZulu-Natal province mines in the current financial year.

CoAL Chapudi deal extended again

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CoAL of Africa's efforts to land its $85m Chapudi coking coal deal from Rio Tinto have been frustrated again.

Wescoal sells plant in restructure

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Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.

Amsa fires first in court showdown

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Senior Council for ArcelorMittal argue mining law does not allow for fractional mining permits in a court showdown that is crucial in the security of tenure debate in South African mining.