DiamondCorp issues shares for cash
Diamond development and exploration group DiamondCorp Plc will place over 26 million new ordinary shares to raise about £3.48m, it says.
Metorex sets date for Vale vote
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
Tanzania's parliament has approved a $27.4bn five-year development plan, backing the proposed introduction of a super-profit tax on mining companies.
Transnet mulls new Richards Bay line
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.
Shanduka to boost Sentula profits
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.
RBCT coal line re-opens
Transnet Freight Rail has re-opened the coal export line - from Ermelo to Richards Bay - after a 20 day shutdown for maintenance and improvement.
Gold Fields to meet Peru’s Humala
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".
Zim indigenisation laws ‘to carry on’
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.
Another Waterberg player seeks listing
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.
‘Serious discrepancies’ at Aurora
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.