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Davis said to be studying South32 bid

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Mick Davis, founder of X2 Resources, is considering a bid for South32 which has shed half its value since its creation was first mooted.

CoM, unions end opening wage talks session

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The opening three days of wage talks were completed today with the Chamber of Mines and unions setting down their positions ahead of more talks from June 29.

MPs fall for beneficiation through quotas

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Mining companies producing strategic minerals such as coal and iron ore should allocate at least a fifth of their output to local beneficiation, said MPs.

Base to start $305m titanium Kenya mine

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Australian listed mining firm, Base Resources, said it would begin exporting minerals from its $305m titanium prospect in Kenya before the end of the year.

Strike at AngloGold’s Mali mines delayed

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A strike at the Mali mines of AngloGold Ashanti over improved lay-off terms has been delayed while workers look towards more negotiations.

Congo code changes “would spell disaster”

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A business group in the Congo said proposed increases in royalties on copper, gold and diamonds would spell disaster for the African country's economy.

Zambia candidate will review mine royalty

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Zambia's candidate for its main opposition party said he would reverse a decision to increase mine royalties if elected in the national poll later this month.

SA gold output up first time in 27 months

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Gold production increased for the first time in 27 months in July while total mining output was also higher during the month.

Burundi to take 15% in Kermas iron ore plan

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The government of Burundi is to take a 15% stake in a iron ore, nickel and cobalt mine, said Kermas Group CEO, Danko Konchar who is the majority owner.

Northam concludes R450m Everest deal

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Northam Platinum has concluded the purchase of the Everest mine from Aquarius Platinum following consent for a change of control from the government.