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West Africa is the ‘new Pilbara’

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West Africa is the new Pilbara for iron ore mining as well as a battleground between established miners and Chinese firms seeking to enter the region.

Shabangu rules out state miner bailouts

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State-owned mining company AEMFC will "never' be bailed out at taxpayers’ expense if it falls on difficult times, says Mines Minister Susan Shabangu.

Rio, Chinalco set up exploration JV

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Global miner Rio Tinto and state-owned Chinese aluminium producer Chinalco have established a joint venture to explore for new mineral deposits in China.

Trans Hex breaks free in Angola

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Trans Hex is tantalisingly close to getting rid of two of the biggest remaining millstones around its neck - the Luarica and Fucauma alluvial diamond mines in Angola.

Trans Hex upbeat on Namaqualand

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Trans Hex reckons there are "bonus" diamonds to be had at De Beers' Namaqualand Mines, which it can access because it owns the adjacent marine diamond concession.

CIC Energy looks for new buyer

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CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.

Chamber praises mining minister

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The Chamber of Mines has lauded Mining Minister Susan Shabangu's "depth of understanding" and sophisticated proposals in her budget vote.

State seeks to revive Alexkor

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State-owned diamond miner Alexkor is once again on the lookout for new mining ventures, says a senior government official.

Aurora assets to be audited for sale

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The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.

DMR’s beneficiation plan takes shape

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Tax incentives and promises to prioritise infrastructure form part of government’s strategy to attract buy-in for the state’s proposed mineral beneficiation plan, says Mines Minister Susan Shabangu.