Australia warns ‘no rivers of gold mining’
Australia is facing a mining boom with greater challenges and fewer rewards, Treasurer Wayne Swan says, warning there will not be "rivers of gold" like earlier commodities rushes.
Prospecting licence moratorium lifted
An eight-month moratorium on the granting of prospecting licences has been lifted in all provinces except Mpumulanga, Minerals and Resources minister Susan Shabangu says.
DMR cracks whip on wayward rights holders
From this week, non-compliant holders of prospecting rights will have their permits cancelled, says Mines Minister Susan Shabangu.
Tata lifts lid on expansion plans
Industrial conglomerate Tata Group will invest up to $27bn in the Indian market over the next five years and more than double its revenue to $150bn, says a top official.
Mines face shutdown over deaths – report
The National Union of Mineworkers may reportedly shut the mining sector down for a day to protest a recent surge in mining deaths.
Gold retreats from new record high
The gold price steadied off a record high as the dollar firmed against the euro although renewed eurozone debt concerns may bolster gold again.
Grootvlei: SAHRC asks minister to step in
The SA Human Rights Commission has asked Mineral Resources Minister Susan Shabangu to intervene in the plight of miners at the Grootvlei mine in Springs.
New tax may fund acid water clean-up
Government is considering imposing a mining industry levy or tax to finance the clean-up of toxic acid water.
Glencore seeks up to $12bn in bumper IPO
Commodities giant Glencore is taking advantage of a resources boom in a London and Hong Kong offering.
SA’s gold output down
Gold production was down in February while total mining output rose, says Statistics SA.