Glencore, Ramaphosa unveil Optimum bid
A consortium consisting of Glencore and businessman Cyril Ramaphosa has unveiled terms of a R34/share bid for Optimum Coal, but a counter offer has already been made.
India coal demand to power Botswana
Once a dream, the prospect of a Trans-Kalahari railway transporting millions of tonnes of Botswana coal could now become reality as Indian demand forces the country to help finance the rail link.
Rio: surge in iron ore demand to continue
The world needs at least 100 million tonnes of additional iron ore supply each year for the next eight years, says Rio Tinto.
Zimbabwe gives Rio ‘part approval’
Rio Tinto's Murowa diamond mine in Zimbabwe says it has been given "part approval" for its plan to comply with indigenisation legislation.
Nationalisation ‘put to bed’ in 2012
Investors will have clarity on nationalisation in SA by July next year, according to Sandile Nogxina, special advisor to Minister of Mineral Resources Susan Shabangu.
Resource Generation to focus on SA assets
Resource Generation says it has divested from its Tasmanian coal tenements to focus on its South African assets.
Uranium needs catalyst to bounce back
The uranium market requires some kind of flash point for the underlying fundamentals to re-assert themselves and the uranium price to move up sharply again, says Paladin Energy's CEO.
ARM boosts full-year profit, dividend
Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.
Num accepts Amplats wage offer
The National Union of Mineworkers has accepted platinum producer Anglo American Platinum's wage offer, says a union spokesperson.
Beneficiation not optional in new MPRDA
Government may force the mining sector to participate in beneficiation, at least as far as the supply of raw materials are concerned, according to policy proposals.