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SA government pledges 30-year stabilisation clause for mining licences

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THE long-sought security of tenure craved by mining companies operating in South Africa may be on the cards after the Government said today firms complying...

Anglo names new boss for Brazil iron ore

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Anglo American has replaced the head of its Brazilian iron ore operations, which includes its flagship $5bn Minas-Rio project, naming its commercial director as chief executive.

Harmony gets A$20.7m grant from Australia for Eva Copper

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HARMONY Gold said on Tuesday it welcomes a A$20.7m grant from the Australian government for its proposed Eva Copper Mine Project. The grant, provided by...

Gold Fields, AngloGold to form Ghana JV creating “largest gold mine...

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GOLD Fields and AngloGold Ashanti unveiled today an in-principle agreement for a joint venture of their Ghana assets which would create "the largest gold...

ANC mulls ‘carrot and stick’ on benefication

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The ANC is to debate next week a carrot and stick approach to beneficiation in the mining sector and would not simply slap levies on mineral exporters.

SA Govt. will ask for partnerships before releasing data from geological...

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THE South African government's Council for Geosciences (CGS) said it would like to have the first opportunity at developing mineral rights before making the...
Impala Platinum

Implats’ earnings crash as price weakness, Eskom weigh

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POWER supply reductions, cost inflation, and a decline in the basket price for platinum group metals (PGMs) weighed on Impala Platinum (Implats) in its...

Work on acid mine water underway

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Environmental officials are working to curb the potential dangers posed by the impact of acid mine drainage in the Witwatersrand mining area.

Platmin bolsters its war chest by $250m

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Platmin bolsters its war chest with $250m as its consolidation plans take shape in the South African platinum sector.

Barrick increases second quarter production but costs rise

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BARRICK Gold increased second quarter gold production nearly 0.9% compared to the first owing to higher output at Turquoise Ridge in Nevada and expansion...