Congo plans to audit Glencore unit’s cobalt over uranium levels

Zimbabwe’s Deputy Mines Minister, Gift Chimanikire, confirmed an army-owned company owns 40% of Anjin, one of the most lucrative diamond concessions in the country.

Gem Diamonds said initial production at its Ghaghoo underground mine project in Botswana would be delayed until the first half of 2014 after an accident yesterday resulted in the death of two workers.

The Democratic Republic of Congo’s Ministry of Mines went on the defensive on Monday about allegedly granting mining licenses to companies with close connections to the government. It qualified those accusations as uninformed and a “double standard."

"Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power to cherry pick which combination of country and project offers the best returns."

Exploration and development company Ncondezi Coal has signed a framework agreement with Mozambique’s Ministry of Mineral Resources for its 4.7-billion-ton Joint Ore Reserves Committee-compliant Ncondezi coal project, in the Tete province.

A vital revenue stream for platinum miners — chrome ore — may be choked off if ferrochrome producers are successful in lobbying for a protectionist export tariff of $100/ton in their desperate attempt to protect their own businesses from China’s burgeoning chrome refiners.

The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.

Aquarius Platinum, the world’s fourth-largest platinum producer by volume, has responded to a fall in prices for the precious metal by mothballing a mine jointly owned with Anglo Platinum, arguing that production had become uneconomic.

Canada’s number 3 gold miner by output said about 600 workers had returned after the four-day strike at its Tasiast mine in Mauritania.