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.
‘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.
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.
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.
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.
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.
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.
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.
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.
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.