Zim firms favour 26% local ownership
Zimbabwe's mining firms will be comfortable with selling stakes of 26% to local owners under a state plan that aims to eventually transfer majority control, the head of the mining chamber says.
AEMFC ‘special favours’ law to be repealed
Mines Minister Susan Shabangu has approved the withdrawal of some special regulatory exemptions previously granted to state miner AEMFC.
Rio, Billiton JV plans large KZN plant
The Rio Tinto-BHP Billiton joint venture, Richards Bay Minerals, plans to build a large plant with operations expected to start in 2016
DRC lifts mining ban
The DRC government says it is lifting a six-month ban on mining in conflict-plagued east Congo amid condemnation by critics.
Mhlatuze speaks out on Quattro fraud
The managers of the Quattro coal export scheme say the fraud the department of mineral resources states it has uncovered was already reported to the department in July last year.
Rio Tinto sweetens Riversdale offer
Rio Tinto has raised its offer for Mozambique-focused coal miner Riversdale Mining to woo key shareholders who have held up the deal.
Kidnapping case looms over Van Kerrebroeck
Alleged company hijacker and diamond thief Dennis van Kerrebroeck is also being investigated for kidnapping the CEO of the company he allegedly tried to hijack.
Time to pick resource winners – Investec
Investors banking on an across-the-board rise in commodity prices this year are setting themselves up for a fall, Investec says.
India’s Essar to invest $750m in Zisco
India's Essar Africa will inject an initial $750m to restart production at Zimbabwe's state steel firm Zisco.
Wesizwe’s Chinese deal goes ahead
Wesizwe Platinum shareholders have finally approved the R6.6bn deal through which Chinese investors will fund construction of the company's platinum mine near Rustenburg.