Zimbabwe to defy West on diamond sales
Zimbabwe has vowed to defy moves for international monitoring of diamond sales from its disputed Marange fields at a meeting of the global "blood diamond" watchdog, according to state media.
Simmers to cut 1,200 jobs at Buffelsfontein
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
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.
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.
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.
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.
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.
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.