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Peru, miners in pact to change royalties

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Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, say sources on both sides of negotiations between companies and government.

Namibia makes u-turn on mining taxes

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The Namibian government has backed down from far-reaching mining tax proposals, saying it will meet revenue targets when the industry is allowed to flourish.

Kumba justifies claiming it all

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Kumba Iron Ore has offered some detail to its arguments as to why it shouldn’t be compelled to supply iron ore to ArcelorMittal SA, or anybody else, at a discount.

RBPlat strikes landmark wage deal

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Royal Bafokeng Platinum CEO Steve Phiri is describing the wage deal struck with the National Union of Mineworkers as "landmark" because it links pay to performance targets.

Zimbabwe approves mineral exploration body

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Zimbabwe's Cabinet has approved the draft framework for establishing a company to spearhead exploration of minerals throughout the country, according to a report.

Kumba lets fly at ICT testimony

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Kumba Iron Ore has laid into allegations that it had deliberately sabotaged ICT's application for a 21.4% prospecting right in Sishen mine to make the submission appear fraudulent.

Jinchuan lays out strategy for Metorex

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Chinese resource heavyweight Jinchuan intends using Metorex as a strategic platform for further developments in Africa and wants to keep the present management on board.

Anooraq disappoints yet again

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The sooner Anooraq Resources sorts out its future with Anglo American Platinum the better as the company's share price remains depressed because of its grim financial situation.

Impala ups wage offer

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The National Union of Mineworkers says Impala Platinum (Implats) has improved its wage offer in a bid to avert a strike.

Platmin faces production delays

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The riots at Platmin's Pilanesberg mine in June could set back the ramp-up to full production by three to six months.