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Resource nationalism the ‘biggest threat’

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Resource nationalism was the number one issue threatening the mining industry and, in turn, threatening investment in the minerals sector in African countries.

Namakwa shares plunge on review

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Namakwa Diamonds has plunged by 61.3% to 10.5p per share in London on after delivering a radical strategic review, reports the Financial Times.

Peru to present mining royalty bill in 2 weeks

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Peru's new leftist government plans to send a closely watched proposal to increase mining royalties to Congress in the next two weeks, says the country's finance minister.

Botswana to lift coal rights moratorium soon

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Botswana will lift a moratorium on new prospecting licences for coal, coal-bed methane and related minerals by the end of September, says a government official.

Zimbabwe pledges leniency on indigenisation

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Zimbabwe won't "force indigenisation down investors' throats", says the country's Minister for Economic Planning and Investment Promotion.

CoAL shares jump on Vele deal

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Coal of Africa has taken another step to secure its tenure over the Vele project by agreeing to measures aimed at offsetting its activities in the environmentally sensitive area.

Rio: surge in iron ore demand to continue

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The world needs at least 100 million tonnes of additional iron ore supply each year for the next eight years, says Rio Tinto.

Glencore, Ramaphosa unveil Optimum bid

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A consortium consisting of Glencore and businessman Cyril Ramaphosa has unveiled terms of a R34/share bid for Optimum Coal, but a counter offer has already been made.

Mining changes nations’ destinies, says Rio

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Major mining developments have the potential to "fundamentally change the lives of people and, at a broad level, the prosperity of nations, if done properly", says Rio Tinto.

India coal demand to power Botswana

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Once a dream, the prospect of a Trans-Kalahari railway transporting millions of tonnes of Botswana coal could now become reality as Indian demand forces the country to help finance the rail link.