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Bright future for SA mining, says Shabangu

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Mining will be a thriving sector within the next decade, according to Mines Minister Susan Shabangu, speaking at the opening of Great Basin Gold's Burnstone mine.

Simmers needs more funds

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Simmer and Jack Mines needs to raise around R155m and the company's cash-strapped situation means it cannot participate in the fund raise being carried out by associate First Uranium.

Pan African plans more growth

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Pan African CEO Jan Nelson is sizing up the next round of growth projects, now that the illegal mining problems at Barberton have been dealt with and Phoenix Platinum is under construction.

Tau Lekoa lifts Simmers output

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Simmer & Jack has reported a 34% rise in gold production, accounting for recently acquired Tau Lekoa's full contribution.

More legal action at Ngwenda Gold

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Alleged company hijacker Dennis van Kerrebroeck goes to court on Thursday to present his side of the story on Ngwenda Gold - and it will be very different to Mashudi Nengwenda's version.

Gold at 7-week peak amid Middle East unrest

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Gold has risen to a seven-week high as spreading unrest in the Middle East burnished the metal's appeal as a safe-haven asset.

Harmony CEO sniffed out ‘hijacker’

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Negotiations between Harmony Gold and junior mining firm Ngwenda Gold led to the discovery that Ngwenda had been hijacked, allegedly by a Canadian citizen.

Another mining company hijacked

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A board of directors is seeking court redress after finding out its mining investment company had been hijacked.

Gold Fields targets foreign gold

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Gold Fields has opted to focus its attention on new mine projects in Peru, Finland, Mali and Australia ahead of the proposed uranium recovery plant in South Africa.

Hedge haunts AngloGold one last time

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AngloGold Ashanti has seen its earnings gobbled up by the elimination of its hedge book one last time, reporting a $764m headline loss for the quarter to end-December.