BHP sees shale gas capex over $4bn in 2012
BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.
Harmony ‘not ready’ to sell PNG assets
Harmony Gold says it has received a number of proposals from parties interested in acquiring its assets in Papua New Guinea, but it is not ready to sell.
Northam gets R1bn credit facility
Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.
ANC slams Sexwale’s testimony
The ANC's national disciplinary committee has slammed the testimony provided by Human Settlements Minister Tokyo Sexwale at ANCYL leader Julius Malema's disciplinary hearing.
Codelco says an Anglo suit could last years
Codelco's looming legal battle with Anglo American may take three to four years to be resolved, says Codelco chief Diego Hernandez.
De Beers, Zim diamond feud gets nasty
De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.
Zambia to double copper royalties
Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.
NPC urges caution on power carbon tax
It will make sense to introduce an economy-wide carbon tax - coupled with some conditional exemptions - says the National Planning Commission.
DRDGold’s Blyvoor out of financial distress
DRDGold's Blyvoor underground mine was deemed to be out of financial distress, a judgement that opens the way for Village Main's all-scrip offer unveiled earlier this week.
State intervention study complete
A study that took in state intervention in the mining economies of countries Venezuela, Malaysia, China and Zambia has been handed to the ANC's policy committee, a newspaper reported.