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Ghana budgets for mining tax hike

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Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the country's 2012 budget.

Miner trapped at Harmony’s Kusasalethu

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Harmony Gold said says a worker has been trapped underground at its Kusasalethu mine and efforts are being made to rescue the person.

Great Basin Gold slides on poor delivery

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Production problems at the Burnstone gold mine near Balfour have knocked the share price of parent Great Basin Gold, which has restructured its debt facilities to cope.

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.

TFR ups ante on mine to port deliveries

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Transnet Freight Rail upped the ante in improving its mine to port minerals delivery rate telling miners trains would leave sidings even if wagons were not fully filled.

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.

Pressure to stay on platinum, says Johnson Matthey

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The platinum market will stay in surplus during 2011 and 2012, despite modest supply growth from South Africa, according to the latest research from Johnson Matthey.