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More support for amicable outcome in Zimbabwe

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A far more positive outlook on Zimbabwe’s controversial indigenisation legislation will become clearer by the end of 2011, says Australia’s ambassador to the country.

Resource nationalism the ‘biggest threat’

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Resource nationalism was the number one issue threatening the mining industry and, in turn, threatening investment in the minerals sector in African countries.

Peru to present mining royalty bill in 2 weeks

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Peru's new leftist government plans to send a closely watched proposal to increase mining royalties to Congress in the next two weeks, says the country's finance minister.

Metorex sees delisting before year-end

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Metorex is expecting November 25 to be its last day of trade on the JSE before it is taken over by Chinese metals group Jinchuan.

Zimbabwe pledges leniency on indigenisation

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Zimbabwe won't "force indigenisation down investors' throats", says the country's Minister for Economic Planning and Investment Promotion.

CoAL shares jump on Vele deal

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Coal of Africa has taken another step to secure its tenure over the Vele project by agreeing to measures aimed at offsetting its activities in the environmentally sensitive area.

Glencore, Ramaphosa unveil Optimum bid

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A consortium consisting of Glencore and businessman Cyril Ramaphosa has unveiled terms of a R34/share bid for Optimum Coal, but a counter offer has already been made.

India coal demand to power Botswana

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Once a dream, the prospect of a Trans-Kalahari railway transporting millions of tonnes of Botswana coal could now become reality as Indian demand forces the country to help finance the rail link.

Get a grip on reality – Motsepe

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SA’s business community is impotent at affecting policy decisions - such as nationalisation - and needs to work at it, says ARM chairperson Patrice Motsepe.

Rio: surge in iron ore demand to continue

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The world needs at least 100 million tonnes of additional iron ore supply each year for the next eight years, says Rio Tinto.