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MPs pinpoint three acid drainage mines

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Parliamentarians examining the environmental threat of acid mine water on the Witwatersrand are focusing their attention on three mines.

‘Scared’ miners do most for upliftment

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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 to cut 1,200 jobs at Buffelsfontein

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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

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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

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Rio Tinto will sell Riversdale’s Zululand Anthracite Colliery once it has completed its takeover of the junior coal firm.

Another suitor for Metorex

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Metorex, which is a $1.1bn target for Brazil's Vale, says it has received an interest from another party to acquire the company.

DiamondCorp issues shares for cash

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Diamond development and exploration group DiamondCorp Plc will place over 26 million new ordinary shares to raise about £3.48m, it says.

Rio Tinto to hold 100% of Riversdale

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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.

More Zambian miners face tax queries

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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

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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.