Pan African Resources has entered into a deal with Harmony Gold to buy the Evander gold mine in South Africa for US$176.71 million
Quarrying
Randgold says 2012 target realistic despite Mali unrest
Randgold Resource’s activities in West Africa have been affected by work stoppages, lower grades and a military coup. (Image source: Randgold Resources)
Randgold Resources has brushed off concerns that its target for 2012 would be affected by the unrest in Mali after it told investors it was on track to meet its production guidance for the year
Zambian explosives firm doubles capacity
Orica will double its production capacity from 10,000 to 20,000 tonnes per year.
Explosives firm, Orica, will double its production capacity from 10,000 to 20,000 tonnes per year once its US$2mn plant in Chambishi on the Zambian Copperbelt is completed
KCM invests US$2bn
Konkola Copper Mines (KCM) has invested around US$2bn since Vedanta Resources took over in 2004.
Konkola Copper Mines (KCM) has invested around US$2bn since London-listed Vedanta Resources took over the Zambian mining firm in 2004
Nickel producer faces closure
Zimbabwe’s largest nickel producer, Bindura Nickel Corporation, says "uncertainty" over the countrys indigenisation laws have cast doubt over the groups capability to continue operations
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