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.
Phoenix starts cold commissioning
Pan African Resources says it has commenced with the cold commissioning of the Phoenix platinum tailings plant.
Gold One keeps ahead of guidance
Gold One International has reported a 23% increase in quarterly production to 35,128 ounces, which exceeds the company's guidance of 34,000 ounces.
Aquarius’ Blue Ridge may be up for sale
It seems various potential buyers may be sniffing around Aquarius Platinum's mothballed Blue Ridge mine, despite worsening operating conditions for the sector.
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.
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.
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.
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.
Rio Tinto defies gloom with record ore sales
Global miner Rio Tinto has brushed off fears of a global economic crisis, reporting record iron ore sales and a 5% jump in output for the third quarter.