‘Scared’ miners do most for upliftment
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.
Simmers sinks fangs into Village
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.
Rio confirms plan to sell Riversdale’s ZAC
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
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
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
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
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
Metorex, which is a $1.1bn target for Brazil's Vale, says it has received an interest from another party to acquire the company.
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.