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DRC should keep to transparency pledge

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The DRC should keep to its pledge to improve transparency by reporting terms of a mineral rights sale to Glencore's Mutanda Mining, said the Carter Centre.

Concourt to rule on mining right appeals

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The Constitutional Court will today hand down judgement regarding appeals by the DMR and ICT over prospecting rights at Sishen Iron Ore Company.

Petra may return dividends early

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Petra Diamonds would consider paying dividends early to shareholders, said the firm's CEO, Johan Dippenaar.

Eskom asks staff for voluntary retrenchments

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Beleaguered power utility, Eskom, will reduce employment numbers through a series of voluntary retrenchments in order to lower costs.

Value investor sticking by mining stocks

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The decline in mining stocks in Johannesburg was creating opportunities for value investors, said RE:CM, an asset management company.

Kenya to devise 20-year mining plan

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Kenya has retained McKinsey & Co to help it design a 20-year mining plan that will revive its nascent industry.

Botswana holds inaugural diamond sight

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Botswana's Gaborone staged the first day of its inaugural sight on November 11 when the world's diamond polishers and cutters met in the capital.

Coal prices to rise 40% by 2020: IEA

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The price of coal could rise 40% to $100/t by 2020 as high cost mines are shut and demand starts to increase, the International Energy Agency said.

De Beers registers $550m in June sight

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Anglo American's 85% owned diamond producer and marketer, De Beers, racked up sales of $550m in the June sight.

NCOP approves MPRDA amendments

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The National Council of Provinces today approved changes to the Minerals and Petroleum Resources Development Act.