ANC to redraft nationalisation report
The African National Congress has returned a report with policy recommendations on the issue of mine nationalisation for redrafting, says a senior party official.
Randgold Resources lower 2011 guidance
Randgold Resources has significantly adjusted its output target for 2012 downwards, blaming setbacks at its Cote d’Ivoire and Mali operations.
Gold One takeover deal in home stretch
Gold One International shareholders who choose to accept a takeover offer from a Chinese consortium will bag their returns before Christmas.
Bisichi impasse benefits Wescoal
Wescoal has pulled off a "company-making" transaction by acquiring the Pegasus coal deposit on the back of a bust-up between the original owners dating back years.
Revised MPRDA at least a year away
Proposed amendments to the Mineral and Petroleum Resources Development Act will not come into law before end-2012, says Mines Minister Susan Shabangu.
First repatriated gold lands in Venezuela
Amid wild celebrations, a first shipment of gold bars has arrived in Venezuela after President Hugo Chavez ordered almost all the country's foreign bullion reserves be repatriated.
Anglo’s growth assets near production
Diversified miner Anglo American’s production profile will change dramatically over the next two years as its four largest expansion projects are commissioned.
Unity needed in nationalisation debate: Phosa
South Africa should speak with one voice on the issues that troubled its economy, such as nationalisation, said Mathews Phosa, ANC Treasurer-General.
ICT, Kumba decision due mid-December
Mid-December should hear a judgement on the dispute over iron ore mineral rights between Imperial Crown Trading, Kumba Iron Ore and ArcelorMittal.
Northam concludes two-year wage deal
Northam Platinum concludes a two-year wage agreement at its Zondereinde division.