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AngloGold now holds 19.9% in Mariana Resources

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AngloGold Ashanti now holds a 19.9% stake in exploration and development company Mariana Resources.

Num wants First Uranium CEO to be fired

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The National Union of Mineworkers has urged mining company First Uranium Corporation to fire its CEO after the company said it may retrench 1,800 mineworkers.

Sishen judgment postponed

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Judge Raymond Zondo is not expected to release his full judgment in the North Gauteng High Court case over the disputed right in Sishen iron ore before Wednesday.

Gold tests $1,600 but Europe anxiety weighs

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Spot gold is struggling to breach $1,600 an ounce, as investors remain nervous over the progress of the euro zone's efforts to rein in its debt crisis.

BHP sells Chidliak diamond stake

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BHP Billiton will sell its majority stake in the Chidliak exploration project in northern Canada to partner Peregrine Diamonds, less than a month after announcing a review of its diamond assets.

Mvela shareholders block Blackstar buyout

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Investment firm Mvela Group says its shareholders have blocked a buyout offer from London-listed Blackstar Group, sinking a $215m deal.

Anglo American may sell Amapa

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Anglo American is considering selling its majority stake in the Amapa iron ore operation in northern Brazil as it focuses on its flagship Minas-Rio growth project further south.

Miners pressed to raise yields

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Miners are coming under pressure to boost shareholder returns and redress a balance that has seen profit from higher commodity prices ploughed into growth programmes, salaries and taxes.

Burnstone is on the mend – CEO Ferdi Dippenaar

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The troubled Burnstone mine is getting back on track according to an update from Great Basin Gold, but RBC Capital Markets has remained cautious following a recent visit.

Platmin pledges JSE relisting by 2013

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Platinum group metal producer Platmin says it has promised to relist on the JSE before January 2013.