Great Basin Gold slides on poor delivery
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.
Ex Alexkor CEO under parliament’s spotlight
Parliament has lifted the lid on former Alexkor CEO Khetiwe Maseko-McClain’s time in office at the state-owned diamond miner, soon after her three-year term came to an end.
Kasukuwere heartened by Impala offer
Zimbabwe indigenisation proposal from Impala had set the parties on "a good course", according to minister, Saviour Kasukuwere.
Pressure to stay on platinum, says Johnson Matthey
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.
TFR ups ante on mine to port deliveries
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.
Hard going for Anooraq and Eastplats
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.
Gold bull Paulson sells third of bullion holdings
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.
Codelco fights back against Anglo American
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.
First Uranium able to turn the tide, says CEO
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.
Gillard pushes to end India uranium sales ban
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.