AngloGold dividend muted amid $1.9bn outlay
At the risk of disappointing investors, AngloGold's Mark Cutifani kept to his promise
of a 13 US cents and supported the decision with a $1.9bn, 500,000 oz/year
production expansion strategy.
Amplats to test first fuel cell locomotive
Anglo American Platinum has showcased a fuel cell driven locomotive prototype, saying the move forms part of the company’s efforts to facilitate the development of new PGM applications.
Petra Diamonds Q3 production surges
Higher diamond prices and a contribution from Finsch mine helped Petra Diamonds
record a near doubling in diamond production quarter-on-quarter.
Grade blips unseat Harmony gold forecast
Yet there's no doubting this is a strong year for Harmony which CEO, Graham
Briggs, says sees it chip away at strategic goals.
Minister moots online system for water permits
The Department of Water Affairs is busy setting up an electronic water use licence application system, says Minister of Water and Environmental Affairs Edna Molewa.
Fukushima no longer a factor – Uranium One
The consequences of the Fukushima disaster have now substantially been factored into the uranium market, according to Chris Sattler, CEO of Uranium One.
Eskom, Anglo negotiate ‘cost plus’ Kusile deal
A return a cost plus structure is one of the ways Eskom is hoping to help finance
Anglo American's R12bn New Largo coal mine, deemed crucial in supplying the
4,800MW Kusile power station.
First Uranium outlines stark choices
First Uranium has spelled out the possible consequences if shareholders reject the sale of the company’s key assets to AngloGold Ashanti and Gold One International.
Implats in Canadian exploration deal
Canadian junior Northern Shield Resources and Impala Platinum (Implats) have signed an option and joint venture agreement for a northern Quebec-based project.
Sekoko’s Waterberg JV scoops $400m finance deal
The Waterberg coal JV between Sekoko Resources and Firestone Energy is back on track with the introduction of a new shareholder and $400m financing commitment.