ArcelorMittal to sell stake in South Africa’s Kalagadi Manganese

kalagadimineArcelorMittal 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

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Canada plays key role in Zambia’s mining revival

Zambia Copper mineCanadian mining companies are playing an active role in the return of annual Zambian copper production

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African Eagle hopes to achieve Tanzania nickel production in 2016

African Eagle Resources nickel mineAfrican Eagle Resources has announced that it plans to start construction of a Tanzanian nickel mine in 2014, with first production of the metal expected to begin in 2016

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Chinese firm proposes takeover bid for Discovery Metals

mine Arpit GuptaChinese 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

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Randgold warns African governments against new mining taxes

mark Mines and MoneyRandgold 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

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