Uranium One plays Mantra option
Uranium One has announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011, and will acquire a 13.9% stake in Mantra.
Codelco, Anglo both claim edge in Sur battle
Codelco and Anglo American both claimed to have landed clean blows on each other in their increasingly bitter legal battle for a stake in Anglo American Sur.
Godongwana stays as state intervention ‘chief’
Enoch Godongwana, who is serving his last day in Cabinet, will remain in his position as head of the ANC’s committee that will handle the report on state intervention in mining.
Angola to boost diamond output in 2012
Angola's state-owned diamond firm Endiama expects to increase production this year after posting revenue growth in 2011, reports state news agency Angop.
Friedland to storm back with IvanPlats
Speculation has it that billionaire mining entrepreneur, Robert Friedland, will shake off the disappointment of losing a legal fight with Rio Tinto by listing IvanPlats, the African platinum and base metals play.
Funds target pockets of tight supply in 2012
Tight supply in grains and industrial metals such as copper along with further support for gold offer opportunities in what top commodities managers see as another challenging year in 2012
Three more Miranda board members resign
Three more board members of Miranda Minerals, including its chairperson, have resigned following a court ruling which had put the company’s future in jeopardy.
BHP suspends work at Khutala after fatality
BHP Billiton's SA coal unit has suspended mining activities at the underground operations of its Khutala colliery after a fatality at the mine, says the company.
Platinum miners not worried by power cuts
SA's platinum miners say they are confident there would be sufficient electricity to power their mines this month, despite Eskom's warning of tight supply.
Zungu committed to Rockwell, deal imminent
Rockwell Diamonds and Sandile Zungu's African Vanguard Resources are close to finalising a restructuring of their business relationship.