AngloGold takes 11.5% stake in Stratex
AngloGold Ashanti has taken an 11.5% stake in Stratex International, an exploration and development company with mines in Turkey, Ethiopia and Djibouti.
Gold steady as investors mull Greece crisis
Gold is trading steady as uncertainty over Greece's ability to remain solvent lingers.
Anglo: nationalisation not the way to go
Resources giant Anglo American says nationalisation is not the right model for South Africa.
DRDGOLD cuts Blyvoor’s lifeline
DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.
Online rights system to shut down for maintenance
The department of mineral resources says its online mineral rights application system would be undergoing scheduled maintenance and upgrade work next week.
ARM chooses new CEO
African Rainbow Minerals has picked one of its own executives - Mike Schmidt - to take over as CEO from Andre Wilkens in March next year.
Exxaro walks away from Territory
Exxaro Resources has confirmed that its offer for Territory Resources will not be increased.
Transnet to favour junior coal exporters
Transet appears set to allocate greater railage volumes to junior empowerment coal exporters at the expense of the established Richards Bay Coal Terminal members.
MPs to discuss tax levy for acid drainage
Members of parliament are to consider the establishment of an environmental tax superfund to pay for the acid mine water crisis.
Increase in resouce for Pan African’s Manica
Pan African Resources has reported a significant increase in the mineral resource for its Manica gold project in Mozambique.