Obey rules, Sata tells China
New Zambian President Michael Sata has told Beijing he welcomes Chinese companies investing in the country, but only if they obey the law and employ more Zambian workers.
Zambia’s kwacha recovers after election slide
Zambia's kwacha has gained 2.4% as it recovers from losses triggered by the upset election victory of opposition leader Michael Sata.
Gold already 20% down from high
The gold price is in free fall, but the fundamentals for the yellow metal remain strong, analysts say.
Sata’s Zambian win no cause for panic
Mining investors may react with some nervousness to the election of Michael Sata as president of Zambia, but his victory will not trigger a significant "run for the door'.
‘King Cobra’ Sata wins Zambia presidential race
Zambian opposition leader Michael Sata has been declared the winner of Zambia's presidential election, ousting incumbent Rupiah Banda as the leader of Africa's biggest copper producer.
Nationalisation debate not healthy, says Phosa
The picking of sides in the debate on nationalisation is not healthy for the country, given its history, says ANC treasurer general Mathews Phosa.
Peru raises mining taxes to fund social programs
Peru's Congress has raised taxes and royalties on the lucrative mining sector, handing a legislative victory to leftist President Ollanta Humala.
Gold price spurs drive to get more from dumps
The vast majority of South Africa's gold lies deep underground but atop the mine dumps scattered around Johannesburg, you can actually walk on the stuff.
Tanzania in $3bn Chinese coal, iron ore deal
China's Sichuan Hongda has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, says local media.
DiamondCorp confident over fundraising
DiamondCorp will need to raise more funds within the next 12 months to continue with the development of its Lace mine in the Free State.


















