Vale to cut iron ore prices by 10pct
Vale, the world's largest iron ore miner, confirmed it would be cutting its average iron ore prices by 10% in October.
Palabora sells 26% to BEE group
-- SOUTH Africa's largest copper miner Palabora Mining Company said on Monday it is to sell 26% of its operations to a broad-based...
Zimbabwe should scrap indigenisation law
A law requiring foreign owned firms to sell majority stakes in their business should be scrapped, an industry official has said.
SA port woes trouble Indian coal buyers
Indian coal buyers are avoiding shipping from the Richards Bay Coal Terminal, put off by much slower bunker fuelling and higher bunker prices.
Chinese firm to run Zambia’s Luanshya
The Zambian government has chosen China's NFC Africa to run its Luanshya Copper Mines due to reopen in May.
Gold slips, fresh demand low
Gold slipped on Friday following US data and fresh demand for physical gold remained scarce, analysts said.
SA electricity demand to hot up
Electricity demand is expected to increase in South Africa as the winter approaches but is unlikely to cripple the country's mining sector.
Guinea mine collapses, kills 13
At least 13 artisanal miners have died in Guinea after a mine where they were digging for gold collapsed, the Guinea government said.
Vale in iron ore export crisis
Brazilian miner Vale declared force majeure on iron ore it was contracted to deliver on the domestic market after flooding on a key train line.