Zim won’t pay compensation for mining companies seized for failing to meet empowerment targets

Zimbabwe's Minister of Youth Development, Indigenisation and Economic Empowerment, Saviour Kasukuwere, says the Southern African government will not pay "anything" to the mining companies it intends to seize shortly for failing to comply with its...

Zim threatens to seize mines, without compensation

Zimbabwean Youth Development, Indigenisation and Economic Empowerment Minister Saviour Kasukuwere says the government “will not pay anything” to the mining companies it intends to seize for failing to comply with the country's controversial...

Mongolia mining uncertainty could be resolved 'within months'

The recent downturn in commodity markets, coupled with an improved political climate, could provide the impetus needed for Mongolia to resolve uncertainty over investment in the country's mineral wealth “within months”, Entree Gold deputy...

Zimbabwe Parliament stalls majority-stake transfer

A draft Bill forcing mining firms operating in Zimbabwe to transfer a majority stake to local blacks will no longer become law, after Parliament adjourned without passing the proposed legislation.

Condemnation as Mugabe regime gains right to 51% of foreign businesses

Not satisfied with the chaos that it has wrought on the country's agricultural sector, the Zimbabwe government has come up with a law that enables it to expropriate 51% of all foreign-owned companies in the country.