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RBCT again chops coal export target

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The Richards Bay Coal Terminal has reduced its 2011 export target for the second time this year, citing railage problems.

Simmers to cut 1,200 jobs at Buffelsfontein

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Simmer & Jack Mines says it may cut almost a third of its workforce at Buffelsfontein mine ahead of the group's merger with Village Main Reef.

Simmers sinks fangs into Village

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Simmer & Jack has outraged investors one last time with a dismal set of financial figures, causing a collapse in the share price of new proprietor Village Main Reef.

‘Scared’ miners do most for upliftment

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Some Zimbabwean mines have the best regional social projects - probably because mining groups operate in fear of the country’s government, says a research group.

Rio confirms plan to sell Riversdale’s ZAC

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Rio Tinto will sell Riversdale’s Zululand Anthracite Colliery once it has completed its takeover of the junior coal firm.

More Zambian miners face tax queries

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Zambia's finance minister says audits have highlighted tax "issues" with mining assets owned by Vedanta Resources, First Quantum Minerals as well as Glencore.

DiamondCorp issues shares for cash

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Diamond development and exploration group DiamondCorp Plc will place over 26 million new ordinary shares to raise about £3.48m, it says.

China versus Brazil over Metorex

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Market speculation is that a Chinese contender - most likely Jinchuan Mining - has made a play for Metorex in opposition to the bid by Brazilian resource giant Vale.

Rio Tinto to hold 100% of Riversdale

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Rio Tinto is to move to compulsory acquisition of Riversdale Mining after Tata Steel accepted all of its shareholding into Rio Tinto's takeover offer for Riversdale.

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.