Essar shows its plans to revive former Zisco
India’s Essar Global is to sink $4bn into Zimbabwe’s collapsed steel mining
and beneficiation industry through a capital injection into NewZim Steel, a JV
with the country’s government.
DRC to up mining project levies: minister
The DRC will change its mining code to increase tax rates and raise the government's minimum automatic stake in mining projects, says the country's mines minister.
Firestone in new short-term debt deal
Firestone Energy says it has negotiated a short-term debt facility of $2.2m, provided by the holders of the company's convertible notes.
Implats set to retain Mimosa shareholding
Zimbabwe’s Saviour Kasukuwere said Impala Platinum’s involvement in Mimosa
was a matter for shareholders following confirmation that an indigenisation
proposal had been accepted.
AEMFC, green lobby head for Bela Bela clash
SA’s state mining company and environmentalists are heading for a showdown
after the company said it had applied for a prospecting licence around the
tourism mecca of Bela Bela.
Gold Fields expedites $340m Philippines deal
Gold Fields has paid $110m to exercise an option giving it 40% of the
Philippines-based Far South East copper and gold prospect.
Mali “coup’ knocks Randgold shares
Shares in Randgold Resources are trading down 15% following reports from
Mali that elements of the country’s military have mounted a coup attempt.
Mali soldiers say seize power after palace attack
Renegade Malian soldiers have gone on state television to declare they had seized power in a coup after the government's failure to quell a nomad-led rebellion in the north.
ENRC eyes fresh blood for board as costs bite
Kazakh miner ENRC plans to add "fresh blood" to its board as it seeks to draw a line under governance troubles that have hit its shares.
Glencore snaps up Canada’s Viterra
Glencore, the world's largest commodities trader, is buying Canada's leading grain handler, Viterra, in a cash deal valuing it at C$6.1bn.