Rio Tinto to invest $2.7bn more in smelter
Global miner Rio Tinto says it will invest an additional $2.7bn to modernise its Kitimat aluminium smelter in Canada's British Columbia.
SA eyes R400bn nuclear build price tag
South Africa plans to spend an estimated R400bn on building up its nuclear electricity-generating capacity, says Energy Minister Dipuo Peters.
Uranium deals abound despite poor sentiment
Corporate activity in the uranium space is picking up speed with the scramble for prime mining assets continuing to belie the negative sentiment towards the metal.
Harmony Gold not selling Joel mine – paper
Harmony Gold is not planning to sell its Joel mine, reports Business Day newspaper.
Fatality at AngloGold’s Kopanang
AngloGold Ashanti says an employee has died in an underground accident at its Kopanang mine near Klerksdorp.
Gold hits 2-week high on gains in equities, euro
Gold has hit a 2-week high as gains in equities and the euro prompt buying from speculators, after central banks took action to prevent the euro-zone debt crisis from igniting a global meltdown.
Namibia clears Extract to build Husab
Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a suitor may offer for the $2bn company.
Tiffany sales growth shows signs of slowing
Concerns about slowing sales momentum took some of the luster off Tiffany & Co's stock amid signs that European and US economic distress are weighing on luxury consumers.
China aluminium capacity to rise 60% by 2015
China's annual capacity of primary aluminium may rise by 60% in coming four years, says an industry official.
Zambia not keen on mine windfall tax
Zambia will not re-introduce a mine windfall tax it abolished in 2009, says its Finance Minister.