Govt to test AMD solutions “in open market”
Solutions to acid mine drainage, which is threatening to pollute ground water and
river systems in the Witwatersrand, would be sought from the open market, Edna
Molewa, water and environmental affairs minister has said.
Gold One embarks on share liquidity drive
Gold One International seeks to improve the liquidity of the company’s shares prior to its proposed listing on the Hong Kong Stock Exchange, pencilled in for March 2013.
African Barrick agrees to higher royalty rate
African Barrick Gold has agreed to a voluntary additional 1% royalty payment on the proceeds of its Tanzanian operations.
Great Basin’s Burnstone starts road to recovery
It's premature to be optimistic, but Great Basin's Burnstone mine at least met
modest first quarter production targets.
Caterpillar banks on Chinese metamorphosis
Miners may be talking about throttling back capital expenditure amid global economic growth fears, but one of the more sensitive players to upstream tremors is staying optimistic.
AngloGold exec’s exercise share options
AngloGold Ashanti CEO Mark Cutifani has netted R13.7m in company shares in terms of the gold producer's incentive scheme for senior executives.
Northam to take R300m hit from smelter run-out
Northam Platinum has warned investors the smelter run-out at its Zondereinde mine may affect income by some R300m in the current financial year.
Trans Hex sees major swing to profitability
Diamond miner Trans Hex says it expects to report an annual net profit of around R208m, compared to a loss of R45.1m during its previous financial year.
Former Sasol CEO appointed to BHP board
Former Sasol CEO Pat Davies has been appointed as non-executive director to the board of BHP Billiton.
Cautious Lonmin sticks to growth plans
Prevailing price volatility in the platinum market and an overhang in supply will not sway PGM producer Lonmin to abandon its $2bn five-year growth program, for now.