THE Zambia Revenue Authority (ZRA) has embarked on special audits of mining companies to understand operational issues and other costs in the sector to ensure that the Government collects all the revenue due to it in taxes.
Hana Mining, a Canadian explorer developing a rich copper and silver mining operation in Ghanzi, this week snapped up 70 percent shareholding in Stellent, making it the majority shareholder of the Ghanzi operation.
The two out of the four mining employees who were trapped underground following a rockfall at Harmony Gold's Target Mine in the Free State have been brought to safety.
So far this year, the Brazilian mining giant Vale has invested 345 million US dollars in coal mining operations in Moatize, in the western Mozambican province of Tete, and by the end of the year the sum may reach 500
Athi River Mining Ltd (ARM) will consolidate its divisions into two wholly owned subsidiaries as it moves to focus on its core business as a cement maker.
The Chamber of Mines has entered the heated debate on the composition and role of the proposed national planning commission, arguing business and labour should be permanently represented on it.
BRC Diamondcore, the Toronto- and JSE- listed diamond miner and explorer, last week sold its South African subsidiary, Diamond Core Resources, to an undisclosed buyer for 5000.
