Shabangu rules out state miner bailouts
State-owned mining company AEMFC will "never' be bailed out at taxpayers’ expense if it falls on difficult times, says Mines Minister Susan Shabangu.
Rio, Chinalco set up exploration JV
Global miner Rio Tinto and state-owned Chinese aluminium producer Chinalco have established a joint venture to explore for new mineral deposits in China.
Trans Hex breaks free in Angola
Trans Hex is tantalisingly close to getting rid of two of the biggest remaining millstones around its neck - the Luarica and Fucauma alluvial diamond mines in Angola.
Trans Hex upbeat on Namaqualand
Trans Hex reckons there are "bonus" diamonds to be had at De Beers' Namaqualand Mines, which it can access because it owns the adjacent marine diamond concession.
Chamber praises mining minister
The Chamber of Mines has lauded Mining Minister Susan Shabangu's "depth of
understanding" and sophisticated proposals in her budget vote.
CIC Energy looks for new buyer
CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.
DMR’s beneficiation plan takes shape
Tax incentives and promises to prioritise infrastructure form part of government’s strategy to attract buy-in for the state’s proposed mineral beneficiation plan, says Mines Minister Susan Shabangu.
Xstrata upbeat over commodities outlook
Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.
Sentula sees improved performance
Sentula Mining is expecting to report a rise in full-year earnings, and also sees better margins in its current financial year.
Big boost for Mozambican port
Mozambique's Ports Development Company has announced a $1bn investment over
the next 20 years to improve infrastructure at the country's main port.