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CRG’s let-off a boost to acid drainage plans

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The Department of Mineral Resources’ decision to let Central Rand Gold continue with mining has removed a major obstacle for dealing with acid mine drainage.

JSE index issues may hammer Amsa

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ArcelorMittal SA looks like it will be ejected from the FTSE/JSE Africa Top 40 index, but if its directors are losing sleep, it is more likely to be about the effects of two other factors.

Gold price set to explode as Europe dithers

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Gold experts Martin Murenbeeld and Frank Holmes reckon the gold price is about to explode because of the Eurozone crisis and the negative real interest rates ruling in many economies.

Harmony to cancel UK listing

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Harmony Gold Mining, SA's third largest gold producer, has said it was streamlining its listings by cancelling the listing of its shares in the UK.

Peru’s Humala tightens grip in Cabinet overhaul

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Peruvian President Ollanta Humala has sworn in a new team of ministers in a shake-up that may lead to harsher crackdowns on social protests.

Mwana Africa H1 loss narrows

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Mwana Africa has reported a narrower first-half loss, driven mainly by a jump in production at its Freda Rebecca gold mine in Zimbabwe.

ANC warms to Chile mines policy

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If a mining model based on the "Miracle of Chile' is pursued, ideological, financial and political compromises lie in the wake for South Africa's mining industry.

African Barrick Gold to miss 2011 output target

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African Barrick Gold says it will fall short of its 2011 production target because of escalating power disruptions to national grid electricity supply in Tanzania.

JP Morgan warns over slumping platinum output

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JP Morgan Cazenove has sounded a warning over the negative impact on the platinum miners of falling production linked to increased safety inspections by the Department of Mineral Resources.

Rio Tinto says could export Guinea iron ore ‘early’

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Rio Tinto may use trucks to export iron ore from its Simandou project in Guinea before a 2015 target, says CEO Tom Albanese.