October 16, 2014

BHP bows to pressure, to list spinoff in London

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.

October 15, 2014

BlackRock blames Ebola for London Mining mess

And the rapid fall in the iron ore price, the Sierra Leone miner's dispute with Glencore and the slow rampup. But especially Ebola.

October 15, 2014

China’s inland mills could be in market for 300mt seaborne iron ore

New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives.

October 15, 2014

Mozambique’s mining boom damns the poorest

Although investments in extractive industries have contributed to high economic growth rates in the past several years, this growth has not translated into significant reductions in poverty or improvements in…

October 15, 2014

Mines back up and running and commencing with stock clean up

With mines back in operation and some already up to full production, various companies such as Impala Platinum, Diesel Power and Sibanye Gold will be taking to market a variety…

October 15, 2014

Australia, Brazil to control 90% of global iron ore trade by 2020

Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.

October 14, 2014

South Africa considers declaring certain minerals as strategic

Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.

October 14, 2014

South Africa’s gold miners look at mergers to stay afloat

Harmony Gold, Sibanye Gold Ltd., and AngloGold Ashanti named among the top candidates to consider deals.

October 14, 2014

First Quantum warns Zambia tax hike will cost jobs, investment drop

The miner, Zambia's largest foreign investor, operates Kansanshi mine, the eighth largest copper mine in the world, as well as the country's biggest.

October 13, 2014

Wesizwe has BEE plan if Govt. wants increase

Wesizwe Platinum said it had an empowerment plan if required by government to lift its BEE holding to beyond the current 13%.