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SA ‘sacrifices’ water for gold

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SA has sacrificed its water for gold and the yellow metal has therefore become a curse as acid mine drainage is affecting the economy and health of citizens, says an expert.

Peru, miners in pact to change royalties

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Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, say sources on both sides of negotiations between companies and government.

Namibia makes u-turn on mining taxes

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The Namibian government has backed down from far-reaching mining tax proposals, saying it will meet revenue targets when the industry is allowed to flourish.

ICT: Kumba’s Sishen rights ‘non-existent’

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Imperial Crown Trading 289 has questioned the status of Kumba's 78.4% mining right over Sishen mine, saying the firm had not registered its converted right on time.

Zimbabwe approves mineral exploration body

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Zimbabwe's Cabinet has approved the draft framework for establishing a company to spearhead exploration of minerals throughout the country, according to a report.

Kumba lets fly at ICT testimony

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Kumba Iron Ore has laid into allegations that it had deliberately sabotaged ICT's application for a 21.4% prospecting right in Sishen mine to make the submission appear fraudulent.

Jinchuan lays out strategy for Metorex

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Chinese resource heavyweight Jinchuan intends using Metorex as a strategic platform for further developments in Africa and wants to keep the present management on board.

Kumba justifies claiming it all

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Kumba Iron Ore has offered some detail to its arguments as to why it shouldn’t be compelled to supply iron ore to ArcelorMittal SA, or anybody else, at a discount.

RBPlat strikes landmark wage deal

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Royal Bafokeng Platinum CEO Steve Phiri is describing the wage deal struck with the National Union of Mineworkers as "landmark" because it links pay to performance targets.

Forbes sets out growth targets

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Forbes Coal said run-of-mine coal production would increase just over 400,000 tonnes from its two KwaZulu-Natal province mines in the current financial year.