Zambia to double mining’s contribution to GDP
Zambia plans to double the contribution of the mining sector to its GDP to 20% to enable the country get more benefits from its natural resource, says mines minister Wylbur Simuusa.
African Iron to unveil Exxaro offer
A trading halt was applied to African Iron shares today amid wide expectations a takeover offer from Exxaro Resources will be announced later this week.
Codelco fires riposte, labels Anglo ‘erratic’
Negotiations between the two parties appear to have all but ground to a halt as Codelco launches emotionally charged legal response to Anglo American.
Lonmin’s pains hit CEO Farmer’s pocket
Lonmin CEO Ian Farmer had to let go of some R3m’s worth of incentive shares in the last two months, following the miner’s failure to meet targets.
Namibia uranium output down on poor weather
Namibia's uranium production fell in the first 10 months of 2011 compared with the previous year, but output is expected to rise as expansion projects come online.
Limpopo lifts the veil on Coal India talks
The Limpopo government has acknowledged its proposed partnership with Coal India, saying the JV will shop for greenfield assets and early stage projects.
RBCT gilds the lily on coal exports
Coal export statistics for 2011 released by the Richards Bay Coal Terminal are not as good as they look and only marginally above what was achieved in 2010.
Exxaro bids A$300m for African Iron: report
Exxaro Resources has renewed its bid to take direct operating control over an iron ore mine, reportedly bidding R2.4bn for Australia's African Iron.
TFR, RBCT deliver one big push in December
Richards Bay Coal Terminal put in a strong performance during December, lifting SA’s coal exports for 2011 above the figure achieved the previous year.
Village Main Reef hits output hurdles
Village Main Reef has lost some momentum in the turnaround of the assets it bought from Simmer & Jack in 2011, with all its operations recording an output decline.