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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.

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.

Glencore profits jump 45%

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Commodities trader Glencore has seen operating profit grow 45% in the first quarter as market volatility boosted its marketing arm and says it sees demand for commodities remaining healthy.

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".

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.

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.

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.

‘Serious discrepancies’ at Aurora

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New liquidators have uncovered discrepancies between the assets handed to back Aurora's liquidators, and those given to Aurora when it made a R600m bid for the financially-striken Pamodzi Gold mines.

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.