DiamondCorp maiden sale due in October
DiamondCorp said its first diamond sale was scheduled for October when underground development would yield diamonds representative of the Lace mine.
Zim to relent on BEE laws, except for mining
Zimbabwe may relax its empowerment legislation forcing all foreign-owned companies to sell control to local firms except in the mining sector.
Tanzania may review mining, gas contracts
Tanzania's main opposition presidential candidate would review mining and gas contracts if elected president of the east African nation in October.
Iron ore heading back to $50/t
Iron ore is tipped to retrace recent gains and return to $50/t by the end of September owing to ever increasing supplies.
SA mining, govt agrees to stem job losses
South Africa's mining sector, unions and the country's government signed a plan to reduce job losses which would include selling mines rather than shutting them.
Sables sells resources to Lemur for $600,000
Sable Metals and Minerals is to sell three projects to Lemur Resources for $600,000, a consideration to be paid in tranches.
IchorCoal lifts stake in Universal Coal
Universal Coal said shareholder Ichor Coal had exercised its right over preference shares converting them to a total stake in the company of 29.99% from 18.51%.
Equatorial sells Mayoko for A$5m cash
Equatorial Resources has sold its iron ore project Mayoko-Moussondji in Central African Republic to Interalloys Trading for A$5m in cash.
DMR denies major schism with mining bosses
South Africa's Department of Mineral Resources denied there was a schism in relations between it and the mining sector amid widespread retrenchments.
Glencore to impair Chad oil by $790m
Glencore would impair the value of its oil business in Chad, purchased for $1.35bn in April last year, by about $790m.