Bloomberg reported that Eurasian Natural Resources Corp's Machkevich may be interested in joining forces with two other shareholders and the Kazakh government to make a bid for the company.
Mining Weekly reported that Botswana is optimistic about the future of the mining industry in their country, with several projects on tap.
Reuters reported that cobalt production fell in Zambia in 2012.
Bloomberg reported that talks are almost finished between Gecamines and George Forrest Group to purchase OM Group Inc.'s Big Hill project.
Mirabela Falls Short in Q4, on Track for 2012 Guidance
Bloomberg reported that the African Development Bank has withdrawn its offer for budget support to the DRC after the IMF has cut the country's funding due to shady, questionable mining practices.
Mining Weekly reported that Katanga Mining is drawing down $515.5 million from its senior secured facility backed by Glencore to fund part of the Phase four expansion of Katanga's copper/cobalt mine in the DRC.
Mining Weekly reported that India has discovered 7 860 km2 in the Central Indian Ocean Basin which can be used as a first-generation mine site, despite economic challenges extracting metals from polymetallic nodules in the ocean bed .
Landore Resources (AIM:LND) announced drilling results and a geophysical survey update for the Scorpion Zone of the Junior Lake Nickel-Copper-Cobalt-PGEs Project.
Mining Weekly reported that Highlands Pacific's Ramu mine in New Guinea officially opened at the end last week.
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