Australia releases mine tax draft
Australia's government has released draft legislation for its controversial mining profits tax, keeping the 30% rate and says resource firms will be able to push for more changes.
Exxaro gets interdict to stop strike
Exxaro has been granted a temporary interdict prohibiting workers from striking.
Chamber objects to Eskom, Transnet changes
The Chamber of Mines says it is "deeply concerned' about the removal of Eskom’s chairperson, as well as suggestions that Transnet’s chair is also on his way out.
Pan African targets higher profit margins
Pan African Resources will increase production from its Barberton Mines by 20% through a dump retreatment operation, and also intends improving profit margins by generating its own power.
Exxaro thwarted in Territory bid
UPDATED: Exxaro is reviewing its position after its bid for Australian iron ore miner Territory Resources was trumped by Hong Kong's Noble Group.
Firestone makes rights progress
Firestone Energy's application for mining rights made by its joint venture with Sekoko Resources has been approved at a regional level by the department of mineral resources.
Beneficiation now official policy, says Manyi
Cabinet has approved mineral beneficiation as policy for South Africa, says spokesperson Jimmy Manyi.
Num prepares for Exxaro strike
The National Union of Mineworkers says a majority of its members at Exxaro have so far voted in favour of a strike over planned retrenchments at the company.
Iron ore rail line expansion ‘on track’
Transnet is on track to expand its iron ore and manganese rail line to an annual capacity of 60 million tonnes by 2012/13, says its CEO.
Metorex sells Sable Zinc
Metorex has sold its Sable Zinc processing plant in Zambia to Glencore, dealing with one of the issues which has delayed its proposed acquisition by Brazilian resource giant Vale.