Ownership rule too stringent, says Tsvangirai
Zimbabwe's local ownership rules for foreign mining companies are too stringent, says Prime Minister Morgan Tsvangirai.
Rio Tinto in major retreat from aluminium
Rio Tinto is putting an estimated $8bn worth of aluminium assets up for sale across six countries, only four years after buying aluminium giant Alcan for $38bn.
Rockwell Diamonds stays on course
New CEO James Campbell is keeping Rockwell Diamonds firmly on its new course as the group gets its existing operations up to speed and sizes up new growth opportunities.
Union to strike at Xstrata
The National Union of Mineworkers will start a strike at Xstrata's operations across South Africa after a dispute over an employee share ownership programme.
Musical chairs in the Waterberg
It's a case of trading places among the aspirant coal miners of the Waterberg, with Sekoko Resources announcing it has poached two top executives from Namane Energy.
Ex DMR official appointed as new DG
Cabinet has appointed Thibedi Ramontja, the current CEO of the Council for Geoscience, as new director-general for the Department of Mineral Resources.
Zambia eyes 35 percent stake in mine projects
Zambia will negotiate larger stakes in projects with foreign mining firms and plans to revamp tax collection to improve transparency and maximise benefits for itself, the minister of mines said.
ENRC requests Northam seat
The Kazakh metals producer wants its chief commercial director to take a position on Northam's board indicating it wants to up its participation in the South African platinum firm's affairs.
Locals to get 10% of Zimplats
Local communities are to acquire a 10% stake in Implats' Zimbabwe unit Zimplats under an empowerment deal, says Implats CEO David Brown.
Anglo faces cash dilemma
Anglo American will swing into a $3.4bn cash positive situation but will lose up to 17% of its net asset value if Codelco exercises the option over its Chile copper operations, especially Los Bronces.