CRG’s let-off a boost to acid drainage plans
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.
Gold price set to explode as Europe dithers
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
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.
Severstal takes control of Liberia iron project
Severstal has said it reached an agreement to acquire the remaining 38.5% stake in the Putu iron ore project from Afferro for $65m, as well as possible future payments.
JSE index issues may hammer Amsa
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.
Peru’s Humala tightens grip in Cabinet overhaul
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
Mwana Africa has reported a narrower first-half loss, driven mainly by a jump in production at its Freda Rebecca gold mine in Zimbabwe.
Mimosa gives 10% to Zimbabwe locals
Zimbabwe's Mimosa mine, a JV between Impala Platinum and Aquarius, has given a 10% stake to locals, says a government minister.
ANC warms to Chile mines policy
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
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.