Shabangu rules out state miner bailouts
State-owned mining company AEMFC will "never' be bailed out at taxpayers’ expense if it falls on difficult times, says Mines Minister Susan Shabangu.
Riversdale in offtake deal for Benga coal
Riversdale Mining says it has entered into an offtake agreement with trader Trafigura for thermal coal from its Benga coal mine in Mozambique.
PwC: Mining taxes a minefield
Ongoing increases in commodity prices and the growing bottom lines of resources companies juxtaposed against struggling or still recovering economies has heightened the call for mineral tax to be reviewed in many countries.
Merafe goes for ferrochrome expansion
Merafe Resources will fund its R1bn share of the next expansion of the huge Lion ferrochrome smelter complex, but will not increase its stake in the JV with Xstrata.
West Africa is the ‘new Pilbara’
West Africa is the new Pilbara for iron ore mining as well as a battleground between established miners and Chinese firms seeking to enter the region.
Trans Hex breaks free in Angola
Trans Hex is tantalisingly close to getting rid of two of the biggest remaining millstones around its neck - the Luarica and Fucauma alluvial diamond mines in Angola.
Trans Hex upbeat on Namaqualand
Trans Hex reckons there are "bonus" diamonds to be had at De Beers' Namaqualand Mines, which it can access because it owns the adjacent marine diamond concession.
Rio, Chinalco set up exploration JV
Global miner Rio Tinto and state-owned Chinese aluminium producer Chinalco have established a joint venture to explore for new mineral deposits in China.
State seeks to revive Alexkor
State-owned diamond miner Alexkor is once again on the lookout for new mining ventures, says a senior government official.
Govt aims to break diamond dealers’ hold
The state is looking to sidestep the grip of SA’s major polished diamond wholesalers on the local beneficiator industry by exploiting foreign legislation.