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ANC mines study rejects assets grab

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A study commissioned by the ANC has rejected calls for mine nationalisation and come out in favour of higher taxes and royalties, reports Business Day.

Shabangu: Constitution informs nationalisation debate

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Susan Shabangu, mines minister, confirmed a date with the ANC's National Executive Committee today which is said to inspect a report rejecting nationalization of the mines industry.

Glencore given March deadline for Xstrata bid

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UPDATED: Glencore International has until March 1 to make a move for global miner Xstrata in a deal that may create a merged major valued around £50bn.

Shabangu: Constitution guides mines debate

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Susan Shabangu, Mineral Resources Minister, confirmed a date with the ANC's National Executive Committee today which is said to discuss a report rejecting nationalisation of the mines industry.

Xstrata 2011 coal production up, copper dips

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Xstrata has posted record output from its Australian thermal coal operations in 2011 as newly commissioned Mangoola helped offset a flood-hit start to the year and strikes in SA.

Anglo American Q4 copper, iron ore output up

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Miner Anglo American has posted a 10% rise in copper output in the final three months of 2011, boosted by its flagship Los Bronces mine.

Shock over Zimbabwe’s licence fee regime

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The chairman of Zimbabwe’s parliamentary Committee on Mining and Energy, Edward Chindori-Chininga, has criticised the country’s proposed hike in mining licence fees.

Sierra Leone in battle to avoid ‘resource curse’

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Sierra Leone is fighting an uphill battle to avoid the 'resource curse' of high-level graft, civil unrest and a lack of economic diversity that has afflicted many regional neighbours.

SA less attractive to mining investors: SAIRR

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SA has become significantly less attractive as a mining investment destination since 2006, says the SA Institute of Race Relations.

Shabangu to open Mining Indaba

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Oranisers of the annual Investing in African Mining Indaba says the Minister of Mineral Resources, Susan Shabangu, will officially open the event.