Zambia does not plan to run copper mines
The Zambian government would not take over mines where there had been heavy job losses.
Zim cuts royalties to boost gold production
Zimbabwe would cut royalties on gold production to 3% in January from 5% currently in an effort to encourage an increase in output.
Gazprom sells gasification tech to SA firm
Russian gas producer, Gasprom, has given South African firm Anglo African Capital sole distribution rights for underground coal gasification technology.
High interest in improving gold market liquidity
Twenty firms have expressed an interest in providing clearing services or reporting technology to make the gold market more liquid.
Rough diamond prices must fall up to 50%
The diamond mining industry ought to cut the cost at which it sells rough diamonds to cutters and polishers in order to restore the profitability of the sector.
Zambia must tap IMF for funds to stop rot
Zambia should tap the International Monetary Fund (IMF) for funding to prevent further deterioration in the economy.
Botswana wants SA to expedite nickel transfer
Botswana has asked South Africa to speed up the transfer of nickel mineral rights it bought last year for $337m.
Kili Teke on way to “magnificent resource”
Finding 4 million ounces of gold equivalent at Kili Teke in Papua New Guinea was step one in growing a magnificent resource, said Harmony CEO, Graham Briggs.
Anglo could raise $10bn by selling De Beers
Anglo American could raise $10bn by selling its 85%-owned De Beers diamond business, said HSBC in a note.
Botswana to award Morupule power contract
Botswana will this week award the contract to build a 300MW coal-fired power plant that could make the country an exporter of electricity by 2018.