DiamondCorp’s Lace project to cost 15% more
Diamondcorp says its Lace project in the Free State will cost 15% more than expected due to the weakening of the rand.
Shabangu: no casualties from mines debate
Mines Minister Susan Shabangu says she has found no evidence that investors are fleeing South Africa due to the nationalisation debate.
Mining surge to increase DRC’s power deficit
The Democratic Republic of Congo will see its energy deficit dramatically increase in the next four years due to a surge in demand from the mining industry.
Jubilee flogs farm, seeks investor
Anglo Platinum deemed the suitor for minerals owned by Jubilee Platinum's Tjate Platinum Corporation. Jubilee also in talks to attract investor for $650m mine.
Lonmin’s favourable deal on Messina
Lonmin has struck a favourable deal over its mothballed Messina platinum mine, according to JP Morgan Cazenove, but only if Shanduka delivers the goods operationally.
Amsa plan to buy ICT still on – report
ArcelorMittal SA says it may still buy Imperial Crown Trading to regain a disputed iron ore supply deal, according to news daily Business Report.
RBCT’s Chirwa set to resign
Raymond Chirwa looks set to relinquish his position at Richards Bay Coal Terminal after just over two years at the helm.
Exxaro’s ambitious titanium strategy
Competition regulations make it extremely unlikely Exxaro will be able to get its hands on Richards Bay Minerals, but CEO Sipho Nkosi won't rule the possibility out completely.
Jindal to build 2,640 MW Moz power plant
Mozambique granted India's Jindal Steel & Power approval to build a 2,640MW coal-fired power plant in the country's Tete province, says the energy ministry.
Metorex regains some lost ground
Metorex shares have staged a small comeback as worries subside over whether its proposed takeover deal by China’s Jinchuan Group is in danger of being terminated.