MINING.COM

No one buys Congo’s mining assets on the cheap: Government

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."

Cecilia Jamasmie | June 18, 2012 | 1:34 pm

End of the supercycle is also spelling the end of radical resource nationalism

"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."

Frik Els | June 17, 2012 | 8:32 pm

Mozambique, Ncondezi Coal sign framework agreement for 4.7 billion ton coal project

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.

Mining Weekly | June 16, 2012 | 8:37 am

Chrome ore China tariff threat to South Africa’s platinum producers

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.

Business Day | June 15, 2012 | 12:39 pm