Gordhan takes stock of SA’s mining woes
Finance Minister Pravin Gordhan has given a frank assessment of why SA's mining sector has failed to keep up with its peers in attracting new investment in recent years.
IMF encourages Ghana to up mining revenue
Ghana has to look at options to increase tax revenues from its mining sector, says the International Monetary Fund.
NUM, Xstrata agree to end dispute within days
The National Union of Mineworkers says it has agreed with Xstrata to resolve within 7 days a dispute over an employee share ownership programme.
Gordhan aims for primary balance by 2015
South Africa will see its budget deficit widen a touch this year to support a weak recovery, but aims to constrain expenditure and keep debt in check.
IFM meets key milestones
International Ferro Metals is ticking all the boxes in its attempts to turn the corner on a difficult past, meeting key targets as its seeks to lower costs and increase capacity.
AngloGold CEO sees no bubble in gold price
AngloGold Ashanti Chief Executive Mark Cutifani sees no bubble in gold prices and says prices can easily go higher amid global economic uncertainty.
Move to iron ore shorter-pricing gains speed
Rio Tinto says iron ore demand has remained robust despite market weakness, and says a fall in prices is accelerating a move to shorter-pricing methods.
Harmony sees gold at $1,850 in 2012
Harmony Gold sees the price of the commodity in 2012 to average close to the record spot highs of September, but doesn't bank on its peers' views of prices north of $2,000/oz.
Bristow sets steep targets for Randgold
Randgold Resources expects to be producing 1.2 million ounces of gold per year by 2015, and its operations will meet a 20% profit target even if gold falls to $1,000/oz, says CEO Mark Bristow.
Great Basin Gold’s sales down
Great Basin Gold has sold 27% less gold sequentially in the third quarter from its operations in Nevada and South Africa.