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Zim mines minister calls for calm

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Obert Mpofu, supported by empowerment and youth minister, Saviour Kasukuwere, say mining licences will not be cancelled in Zimbabwe as negotiations on indigenisation continue.

Vale readies first 35kt of Mozambique coal

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Brazilian miner Vale said it would export its first coal from its Mozambique mine on Wednesday after resolving bottlenecks on the rail line.

Forbes Coal posts record exports

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Forbes Coal exported 192,400 tonnes of coal in the second quarter of its financial year.

Fedusa: Govt not serious about acid water

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The Federation of Unions of SA has accused the government of not addressing the threat of acid mine drainage.

Rockwell wants Sandile Zungu to cough up

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New theme tune at Rockwell's head office has to be Bruce Springsteen's "pay me my money down" as CEO James Campbell goes after BEE partner Sandile Zungu for money owed.

Petmin drives its diversification strategy

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Petmin has sold its Samquarz silica mine at a handsome profit as it diversifies into commodities such as iron ore and copper where chairman Ian Cockerill believes future profits lie.

Guinea to review mining contracts

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Unconscionable provisions in mining contracts conducted with Guinea's former government would be overturned in a comprehensive mining review announced by the country's mines minister.

Pan African promises super dividends

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Pan African Resources has proposed to pay a 37.9% increase in dividend, with CEO Jan Nelson saying investors can expect more of the same in future.

Sasol cans Chinese CTL venture

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Sasol has brought the curtain down on a proposed $5bn coal-to-liquids joint venture project in China, citing delays in having the endeavour approved by the Chinese authorities.

Explosion at French nuclear site kills one

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A furnace has exploded at the Marcoule nuclear waste treatment site in southern France, killing one person.