Glencore profits jump 45%
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.
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.
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.
Territory backs Noble offer
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
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.
Tanzania sets out plan for super tax
Tanzania will not unilaterally impose a proposed super profit tax on mining firms but will try to persuade existing firms to comply, says a senior government official.
Wage negotiations start for coal and gold
The National Union of Mineworkers has started wage talks with the Chamber of Mines on the union's demand for a 14% rise in salaries from gold and coal miners.
Trans Hex on the up again
It seems as if the "winds of change" are finally blowing strongly through diamond miner Trans Hex's corridors.
Work on acid mine water underway
Environmental officials are working to curb the potential dangers posed by the impact of acid mine drainage in the Witwatersrand mining area.
Mozambique to step up diamond controls
Mozambique is speeding up preparations to join an international conflict diamond monitoring scheme amid widespread gem smuggling from Zimbabwe's Marange mines, reports state media.