Zim govt in talks with miners wanting time
Zimbabwe is in talks with mining that firms that have requested more time to complete their indigenisation plans.
Hopes for Optimum bidding war scotched
Hopes of a bidding war for Optimum Coal were scotched after a potential alternative expression of interest in the coal producer was withdrawn.
Cortec parent says firm digging in Kenya
Parent company of Cortec Mining, Canada's Pacific Wildcat Resources, said its firm continued to prospect in Kenya despite earlier reports saying a High Court order had stopped it.
Mozambique considers tripling Beira
Authorities in Mozambique are considering tripling the capacity of its port at Beira in order to cope with increased coal deliveries from Tete province, and Zimbabwe.
Union applauds Motala’s removal
Solidarity welcomes the decision by South Africa's minister of justice to remain Enver Motala from the panel of liquidators following his role in the Aurora Empowerment controversy.
Gold choppy, but safe bet in long term
The outlook for gold would remain choppy, analysts said, with repeated liquidations, but in the long-term the metal would serve as a base to offset broader economic risks.
Impala must improve on 2006 Zim deal
Impala Platinum said the Zimbabwean government had recognised Impala's previous indigenisation agreement, which must now be improved upon.
Iron ore steady ahead of steel uptick
Steel production was likely to tick up in September and October in China with iron ore prices holding steady in the meantime, traders said.
Cortec banned from Kenya prospect
Cortec, a South African company, has been told to stop mining in Kenya where it has already sunk nearly $144m searching for niobium which is used in the production of ferrous metals.
First Uranium on the ropes
First Uranium was against the ropes and any further operational slippage "brings the canvas into view" according to RBC Capital Markets analyst Leon Esterhuizen.