Anglo sells 70% stake in Brazil’s Amapá
Anglo American has sold its non-core Amapa iron ore mine in Brazil to Zamin Ferrous
for an undisclosed fee, the group said.
Zesco to build $249.3m power line
Zambia's state-owned power company is to build a $249.m power line supplying 330Kv in electricity to mines in the region including Barrick Gold's Lumwana.
Anglo leads market as outlook powers rerating
Anglo American was among a raft of mining stocks that kicked off 2013 in style as the US sidestepped its fiscal cliff and China sounded bullish on growth.
Rockwell “optimistic” on 2013 price growth
Rockwell Diamonds CEO, James Campbell, said an inventory of diamonds would allow the company to capitalise on any improvement in the world diamond market.
Zimbabwe may reduce mining fees
Zimbabwe said it would halve mining fees after companies, including Impala Platinum, said they were hindering development.
Sundance Hanlong bid boosted by permit
The A$1.14bn bid for Australian firm Sundance Resources was given a timely boost after authorities in the Republic of Congo granted a mining permit.
Miners relieved nationalisation is dead
The Chamber of Mines said a key uncertainty for investors had been removed when the ANC consigned nationalisation of mines to the rubbish heap.
ANC raises prospect of youth subsidy in 2013
Despite Cosatu opposition, a youth subsidy in which employers are offered tax breaks to provide first jobs is likely to break surface in 2013, the ANC has said.
Harmony troubled as Amcu foments dispute
Representatives of the Associated Mineworkers & Construction Union lead a 1,700-strong sit-in at Harmony Gold's Kusasalethu mine disputing staff dismissals.
Godongwana dismisses “scarecrow” tax critics
The ANC's Enoch Godongwana said critics of resource rents were scaremongers, and that South African mining should expect more taxes.