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Miranda sack Nel from board

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Upheaval continues at Miranda Mineral Holdings with non-executive director, Ron Nel, a former CEO of the company, removed from the board amid controversy.

Congo mining must be more transparent – IMF

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Democratic Republic of Congo could exceed a forecast 6.5% economic growth in 2011 but must do more to increase transparency in the mining sector, the IMF said

Village declares Lesego to be shallower

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Village said it had intersected platinum group metals at its 77%-held Lesego platinum prospect at some 700m, almost half the initial estimated depth of the resource.

NUM settles with ARM, Anglo Platinum

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South Africa's National Union of Mineworkers (NUM) said on Monday it has reached a one-year wage deal with African Rainbow Minerals' Nkomati nickel mine.

Motsepe SA’s richest man

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Patrice Motsepe, executive chairperson of African Rainbow Minerals, is officially South Africa's Mr Moneybags.

Rio Tinto to sell out of Palabora

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Rio Tinto's retreat from South Africa continues with the news that it will sell its controlling stake in copper producer Palabora after getting rid of its Chapudi coal project last year.

Metorex sets up next DRC project

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Metorex more than doubled profits in the six months to June which should please new owners Jinchuan whose bid for the company was overwhelmingly accepted by shareholders on Friday.

CRG may be forced to close mine

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Central Rand Gold (CRG) may have to close its mine as early as next week after a government order, the Sunday Times reported, citing Bheki Khumalo, spokesman for the Department of Mineral Resources.

Namakwa shares plunge on review

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Namakwa Diamonds has plunged by 61.3% to 10.5p per share in London on after delivering a radical strategic review, reports the Financial Times.

Botswana to lift coal rights moratorium soon

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Botswana will lift a moratorium on new prospecting licences for coal, coal-bed methane and related minerals by the end of September, says a government official.