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Hard going for Anooraq and Eastplats

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The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.

Gillard pushes to end India uranium sales ban

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Australian Prime Minister Julia Gillard is pushing to overturn a ban on sales of uranium to India, potentially opening up a new and growing market for suppliers.

Gold bull Paulson sells third of bullion holdings

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Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.

First Uranium able to turn the tide, says CEO

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First Uranium CEO Deon van der Mescht says delivery on three key issues will result in a turnaround of the company’s collapsing share price.

Codelco fights back against Anglo American

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Codelco says it has filed a lawsuit against Anglo American in a bid to prevent the global miner from selling further stakes in the global miner's Chilean copper properties.

Northam raises R1bn loan for Booysendal

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Northam Platinum has made sure it can fund the construction of its new Booysendal mine to completion by negotiating a R1bn credit facility with Nedbank.

BHP suffers second defeat over power prices

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A court has refused to grant BHP Billiton leave to appeal against a judgment which forces the group to disclose the prices it pays for electricity at its aluminium operations.

Lonmin hits sales target, boosts earnings

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Lonmin says earnings have risen 59%, despite a strike at its Karee operations that forced it to cut output targets and drove up unit costs.

Lonmin thinking twice about growth plans

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Lonmin says its growth investment strategy is not set in stone, saying it will rethink its target of a 950,000oz production profile if market conditions deteriorate.

BHP sees shale gas capex over $4bn in 2012

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BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.