Posts by Mineweb:

Zimplats faces prosecution over local ownership

Zimbabwe's empowerment minister Saviour Kasukuwere says that the local unit of Impala Platinum will be prosecuted for failing to reach terms with the country over the mandated transfer of 51% of its shares to locals. Zimbabwe will prosecute the local
Mineweb | September 7, 2011 | 9:07 am

Libyan gold, cash convey crosses into Niger

A Libyan convoy of 10 vehicles carrying gold and cash crossed into Niger late on Monday, an official from the National Transitional Council (NTC) said on Tuesday, citing sources among the Tuareg people who live in the Sahara desert on both sides of the frontier.
Mineweb | September 6, 2011 | 11:23 am

Hathor to respond to Cameco offer no later than Sep 14th

Hathor is considering Cameco's hostile, all-cash bid in consultation with its legal and financial advisors and will respond within two weeks. TORONTO (Reuters) - Hathor Exploration , the target of a hostile bid from Canada's top uranium miner, Cameco
Mineweb | September 2, 2011 | 7:26 am

Peru to present mining royalty bill in two weeks

According to Peru's finance minister, the government plans to send its mining royalty proposal to congress in the next two weeks; if passed, mining royalties would be based on operating profits rather than sales LIMA (Reuters) - Peru's new leftist
Mineweb | September 2, 2011 | 7:26 am

Release-Name change to ENK for European Nickel

- European Nickel PLC (the "Company") (AIM, PLUS, ASX: ENK) is pleased to announce that, effective today, it has changed its name to ENK PLC following approval at the Company's AGM, held on 30 August 2011. There is no change to the London Stock Exchange
Mineweb | September 1, 2011 | 11:13 am

Afghan copper mine to start production by end 2014

Delayed for several years owing to the discovery of historical artefacts at the project site, Metallurgical Corporation of China expects to start production at its Aynak copper mine by the end of 2014 Metallurgical Corp of China Ltd (MCC) , China's major
Mineweb | September 1, 2011 | 9:05 am

Japan’s leading indium producer ups prices for September

After keeping prices at a steady rate in August, Dowa Electronics Materials has raised its prices for the minor metal by 2 000 yen for September for large-out buyers. Dowa Electronics Materials Co, Japan's biggest supplier of indium, has raised its price
Mineweb | September 1, 2011 | 9:04 am

Vale, Petrobas in talks over fertilizer assets

According to the companies, discussions about a potential operation involving Vale's nitrogenous assets are ongoing but, no binding agreement has yet been reached SAO PAULO (Reuters) - Brazil's state-controlled oil giant Petrobras (PETR4.SA:
Mineweb | August 31, 2011 | 7:56 am

Implats halts work at Rustenburg shaft project after fatality

According to the National Union of Mineworkers a contractor from Murray & Roberts died after being struck by a rock at the shaft. Impala Platinum (Implats), the world's second largest platinum producer, said on Tuesday it has stopped work at the shaft project.
Mineweb | August 30, 2011 | 5:26 pm

Mexican coal mine collapse kills four

Four miners were killed when a coal mine collapsed in the northern Mexican state of Coahuila on Friday, a senior government official said. Labor Minister Javier Lozano said in a Twitter message the fourth body was recovered late on Friday and an extraordinary inspection of the mine was underway.
Mineweb | August 29, 2011 | 8:27 am