Experts have said that water constraints in South Africa were hampering mining activities in the country
Quarrying
Randgold warns African governments against new mining taxes
Randgold Resources chief executive Mark Bristow has said that African countries would risk driving away new investors if they pushed through mining code revisions aimed at boosting short-term revenues
Chinese firm proposes takeover bid for Discovery Metals
Chinese private equity firm Cathay Fortune Corp and China-Africa Development Fund (CADF) have launched a takeover bid worth US$860mn to acquire all outstanding shares of Botswana-focussed Australian copper miner Discovery Metals
ArcelorMittal to sell stake in South Africa’s Kalagadi Manganese
ArcelorMittal will sell its 50 per cent stake in South African manganese explorer Kalagadi Manganese for US$447mn in an attempt to sell non-core assets to pay down debt
Gold Fields to set up new South African mining company
Gold Fields Limited has announced plans to set up a new South African gold mining company, Sibyanye Gold Limited