African Barrick to raise royalty in Tanzania
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.
Caledonia plays down Zimbabwe threat
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.
BHP Billiton Energy Coal in BEE deal
BHP Billiton Energy Coal SA has entered into an empowerment transaction with a black-owned consortium led by the Pembani Group.
Former Aurora miners plead for help
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
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
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.
Harmony to cancel UK listing
Harmony Gold Mining, SA's third largest gold producer, has said it was streamlining its listings by cancelling the listing of its shares in the UK.
Severstal takes control of Liberia iron project
Severstal has said it reached an agreement to acquire the remaining 38.5% stake in the Putu iron ore project from Afferro for $65m, as well as possible future payments.
JSE index issues may hammer Amsa
ArcelorMittal SA looks like it will be ejected from the FTSE/JSE Africa Top 40 index, but if its directors are losing sleep, it is more likely to be about the effects of two other factors.
Peru’s Humala tightens grip in Cabinet overhaul
Peruvian President Ollanta Humala has sworn in a new team of ministers in a shake-up that may lead to harsher crackdowns on social protests.