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Another suitor for Metorex

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Metorex, which is a $1.1bn target for Brazil's Vale, says it has received an interest from another party to acquire the company.

Transnet mulls new Richards Bay line

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Freight logistics group Transnet may build a new rail line to the port at Richards Bay via Swaziland to free up capacity on its main coal export line, reports Business Day.

Tanzanian MPs back mineral super tax plan

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Tanzania's parliament has approved a $27.4bn five-year development plan, backing the proposed introduction of a super-profit tax on mining companies.

Shanduka to boost Sentula profits

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Teaming up with Shanduka will lift Sentula's profits, because the group will be running its own mines in addition to operating as a mining contractor.

Metorex sets date for Vale vote

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Metorex shareholders will vote on Brazilian group Vale’s takeover offer on July 22 - the date chairperson Rob Still had hoped to be in Iceland on a fishing trip.

Gold Fields to meet Peru’s Humala

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Nick Holland, CEO of the South African gold producer, says he hopes to schedule a meeting with Peru's new president shortly to "present the group's credentials".

RBCT coal line re-opens

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Transnet Freight Rail has re-opened the coal export line - from Ermelo to Richards Bay - after a 20 day shutdown for maintenance and improvement.

Zim indigenisation laws ‘to carry on’

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The scathing attack by Zimbabwe’s parliament on the country’s indigenisation laws should not be interpreted as the end of the controversial legislation, says a mining industry official.

Territory backs Noble offer

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Australian iron ore firm Territory Resources has recommended a A$132.6m takeover offer from Noble Group, which trumped an earlier offer from South Africa's Exxaro.

Another Waterberg player seeks listing

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A new early stage player in the Waterberg coalfields is pursuing a JSE listing, giving investors another option among a growing number of coal juniors looking to make their mark in the area.