Chinese beat Vale’s Metorex bid
Metorex has received a better takeover bid offer from Jinchuan, but Vale is sticking to its price.
Gold Fields sees output rise, but doubts remain
Gold Fields expects its production in the second quarter to rise by 5%, while analysts said it would struggle to meet its year target.
Metal workers union calls for strike
The National Union of Metalworkers of South Africa has announced a country-wide strike that could see more than 300,000 workers down tools.
Tough times at the face
New entrants to South Africa's coal sector had a bucket of cold water thrown over them at the recent Coaltrans South Africa conference.
Zambian coal power plant construction to start
Singapore's Nava Bharat Pte plans to start construction of a 300MW coal-fired power plant in Zambia by the end of 2011 and complete it by 2014, says company director Ashwin Devineni.
Platmin expects prolonged disruption
Operations at the Pilanesburg platinum mine belonging to Platmin will be disrupted for some time, following an illegal disruption by employees of the mining contractor.
Cosatu, ANCYL ‘on same page’ over nationalisation
The ANC Youth League's position on nationalisation and land reform is in line with that of Cosatu and its affiliate Numsa, says the union's general secretary Irvin Jim.
Union, gold firms resume wage talks
The National Union of Mineworkers hopes to secure a 14% pay increase when it meets gold mining industry representatives in further salary talks, says a senior official.
Vale’s the only offer, says Metorex
Metorex says it has still received no firm offer from any party other than Brazil's Vale, which has made a $1.1bn offer for it.
Carroll hits out over taxes, nationalisation
Governments in mineral-rich countries must steer clear of the "blind alleys" of nationalisation and excessive tax if they want to attract continued investment from global miners, says Anglo American CEO Cynthia Carroll.