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Canada to impose tough terms on BHP

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Canada is set to approve BHP Billiton's $39bn bid for Potash Corp, a newspaper reports, but it may impose onerous conditions which could threaten the world's biggest deal this year.

African Diamonds, Lucara to proceed with AK6

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African Diamonds and its joint venture partner Lucara Diamond Corp says they have decided to proceed with the development and construction of the AK6 diamond project in Botswana.

Chamber of Mines elects new office bearers

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The Chamber of Mines has elected BHP Billiton SA chairperson Xolani Mkhwanazi as its new president.

Nationalisation ‘will cost taxpayers’

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Nationalised mines would have burdened South African taxpayers with R67bn in 2009, says outgoing Chamber of Mines president and Exxaro Resources CEO Sipho Nkosi.

Prospecting audit shows major breaches

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UPDATED: The department of mineral resources says preliminary findings of an audit into prospecting licences are "not encouraging'.

Afripalm granted R1.3bn injection

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Nedbank Capital says it has concluded a R1.3bn refinancing deal of Afripalm Resources.

Exxaro shuts down furnace

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Diversified miner Exxaro will lose 9 000 tonnes per month in slag production after shutting down a furnace at its Kwazulu Natal mineral sands unit following an incident.

Harmony off to slow start

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Harmony Gold's ambition of mining 1.7 million oz in its new financial year has hit an early setback as the group reported production figures of 336,650oz for the first quarter.

Harmony waiting on PNG bonanza

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Harmony Gold has talked up the billing of its Wafi-Golpu project as the "gold find of the century', but questions remain over the group’s immediate growth prospects.

Zimbabwe to resume diamond exports

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Zimbabwe plans to resume selling diamonds from its controversial Marange fields within days, saying it fully meets the standards required by the body that regulates trade in conflict diamonds.