NUM settles with ARM, Anglo Platinum
South Africa's National Union of Mineworkers (NUM) said on Monday it has reached a one-year wage deal with African Rainbow Minerals' Nkomati nickel mine.
Metorex sets up next DRC project
Metorex more than doubled profits in the six months to June which should please new
owners Jinchuan whose bid for the company was overwhelmingly accepted by
shareholders on Friday.
CRG may be forced to close mine
Central Rand Gold (CRG) may have to close its mine as early as next week after a government order, the Sunday Times reported, citing Bheki Khumalo, spokesman for the Department of Mineral Resources.
Peru to present mining royalty bill in 2 weeks
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.
Namakwa shares plunge on review
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.
Botswana to lift coal rights moratorium soon
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.
More support for amicable outcome in Zimbabwe
A far more positive outlook on Zimbabwe’s controversial indigenisation legislation will become clearer by the end of 2011, says Australia’s ambassador to the country.
Resource nationalism the ‘biggest threat’
Resource nationalism was the number one issue threatening the mining industry and, in turn, threatening investment in the minerals sector in African countries.
Metorex sees delisting before year-end
Metorex is expecting November 25 to be its last day of trade on the JSE before it is taken over by Chinese metals group Jinchuan.
Mining changes nations’ destinies, says Rio
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.