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Northam hit by safety inspections

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Northam Platinum says its only producing mine has been hit by several stoppages due to government safety inspections, part of a wider campaign that has hit the sector.

Rio Tinto wins fight against Ivanhoe poison pill

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An abitrator has ruled a "poison pill" takeover defence erected by Ivanhoe Mines Ltd does not apply to global mining giant Rio Tinto, leaving Ivanhoe vulnerable to a takeover by Rio.

BHP Billiton Energy Coal in BEE deal

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BHP Billiton Energy Coal SA has entered into an empowerment transaction with a black-owned consortium led by the Pembani Group.

Peru’s new mining minister ‘open to business’

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Peru's new mine and energy minister says the government will attract private investment to the vast sector while requiring it to bring more social benefits.

African Barrick to raise royalty in Tanzania

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African Barrick Gold has agreed with the Tanzanian government to raise the royalty rate it pays on gold exports, says the country's minerals ministry.

Shanduka raises coal stake

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Shanduka Group has concluded a widely expected transaction which will see it increasing its stake in Shanduka Coal to a controlling one.

Caledonia plays down Zimbabwe threat

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Caledonia Mining has played down threats that the Zimbabwe government may take over its operations, following reports that it is not keen on implementing the indigenisation policy.

Former Aurora miners plead for help

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Penniless Aurora miners have issued a letter pleading for help, as one of the company's directors faces criminal charges for snubbing a court inquiry.

CRG’s let-off a boost to acid drainage plans

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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

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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.