De Beers, Zim diamond feud gets nasty
De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.
Zambia to double copper royalties
Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.
SA economy needs coal policy: Manuel
Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.
Glencore to buy Mercuria stake
Glencore, the Swiss trading house, has entered into an agreement to buy Mercuria Energy Asset Management's 5% stake in Optimum Coal Holdings.
NPC urges caution on power carbon tax
It will make sense to introduce an economy-wide carbon tax - coupled with some conditional exemptions - says the National Planning Commission.
DRDGold’s Blyvoor out of financial distress
DRDGold's Blyvoor underground mine was deemed to be out of financial distress, a judgement that opens the way for Village Main's all-scrip offer unveiled earlier this week.
State intervention study complete
A study that took in state intervention in the mining economies of countries Venezuela, Malaysia, China and Zambia has been handed to the ANC's policy committee, a newspaper reported.
Beneficiation ‘no jobs panacea’
Beneficiation is not the solution to end all problems as far as job creation in the mining industry is concerned, says the National Planning Commission.
Nationalisation dead in water: Godsell
Bobby Godsell, speaking in Toronto, said nationalisation could not be afforded and required changing South Africa's Bill of Rights.
Gold Fields delivers record earnings
Gold Fields has reported record earnings for the September quarter, but the numbers were boosted by greater attributable gold production from West Africa following the take-out of minorities.