MPRDA changes on hold for ANC mines plan
Draft versions of the amended Mineral and Petroleum Resources Development Act will not be finalised prior to the ANC National Policy Conference in June 2012.
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.
London Mining starts up Sierra Leone iron ore
Londong Mining has started production of iron ore from its Marampa operation in Sierra Leone and the first shipment is on track to be completed by the end of this year.
RBPlat sees Styldrift’s first output by 2015
Royal Bafokeng Platinum expects to have first production at its Styldrift 1 project in the second quarter of 2015.
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.
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.
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.