DMR ‘withdraws’ Mine Waste Solutions right
First Uranium shares have lost almost 15%, following an announcement that subsidiary Mine Waste Solutions’ mining right has been withdrawn.
De Beers signs 10-year Debswana deal
De Beers, the diamond miner and marketer in which Anglo American has a 45% stake, has signed a long-term contract with Botswana's Debswana.
Base Resources’ Kenya titanium project funded
BASE Resources says it has secured funds for its Kenyan titanium project and expects to commence operations next month.
Mining ‘no cure’ for poverty
The John Taolo Gaetsewe District Municipality in the Northern Cape hosts more than 75% of the world’s manganese reserves. It is also one of nine nodes of poverty in SA.
SA to build new nuclear power plants
Energy Minister Dipuo Peters says she has signed off on a proposal for new nuclear energy plants which is to be sent to the cabinet soon.
Production disruption at Smokey Hills
Platinum Australia says production at its Smokey Hills Mine in Limpopo has been disrupted by blockages to the access road by communities adjacent to the road.
Less of a void at Central Rand Gold
An internal study shows the "double void" problem at Central Rand Gold may not be as bad as initially feared, but the share price has hit an all-time low of 9c compared with R20 in 2007.
GFMS: gold to breach $2,000 by year-end
Gold prices are likely to break through $2,000 an ounce by year-end to new record highs, says metals consultancy GFMS.
Sekoko in talks with ‘cornerstone’ investor
Sekoko Resources, in joint venture with Firestone Energy to develop coal in the Limpopo province's Waterberg, is in talks with multinational power company that could become a cornerstone shareholder.
Pan African tipped for more gains
Pan African Holdings has posted share price gains of around 34% in 2011, following a 27% rise in 2010. Some may ask whether it is time to sell on a high.