Reuters

CHINA’S Zijin Mining has emerged as the leading contender to purchase Barrick Mining’s Tongon gold operation in northern Ivory Coast, said Reuters citing sources familiar. Zijin…

Ivanhoe Mines says its founder and Chief Executive Robert Friedland has resigned as part of a financing deal with majority shareholder Rio Tinto.

Zimbabwe’s indigenisation minister says the state now owns 51% of all mines that have not complied with the countries local ownership laws, according to Reuters.

Kazakh miner ENRC plans to add “fresh blood” to its board as it seeks to draw a line under governance troubles that have hit its shares.

The DRC will change its mining code to increase tax rates and raise the government’s minimum automatic stake in mining projects, says the country’s mines minister.

Renegade Malian soldiers have gone on state television to declare they had seized power in a coup after the government’s failure to quell a nomad-led rebellion in the north.

Glencore, the world’s largest commodities trader, is buying Canada’s leading grain handler, Viterra, in a cash deal valuing it at C$6.1bn.

Zimbabwe has ordered foreign mining firms to deposit their export earnings with local banks, reports state media.

SA’s competition authorities has conditionally approved Glencore’s takeover of Optimum Coal in a deal that values the company at close to $1.3bn.

Harmony Gold Mining will give employees who work at the rock face up to 2.9% of its share capital.

Diamond miner and luxury jeweller Harry Winston is among several potential suitors circling BHP Billiton’s majority stake in the EKATI diamond mine in Canada.

The National Union of Mineworkers says it has served a strike notice to Modikwa Platinum over a wage dispute.

Harmony Gold says it will consider a Hong Kong listing once its massive Wafi-Golpu project in Papua New Guinea is up and running in around five years time.

The Labour Court has suspended a safety stoppage at a mine operated by Northam Platinum, according to trade union Solidarity.

Harmony Gold says it will consider a Hong Kong listing once its massive Wafi-Golpu project in Papua New Guinea is up and running in around five years time.

The South African mining industry has granted a massive boost as Eskom has its annual tariff increase for the 2012/13 year reduced to 16% from 25.9%.

Zambia’s first coal-fired power plant in years has been delayed owing to a failure to win environmental permits on time.

A letter from Impala Platinum requesting an extension to its indigenisation plans has been rejected by the Zimbabwean government.

Fourth quarter net earnings are some 83% lower owing to lower copper production and prices for the metal during the period.

Fitch Ratings has affirmed the ratings of the three major diversified mining companies, Anglo American, BHP Billiton and Rio Tinto.