Keaton completes Leeuw takeover
Keaton Energy has announced the completion of its transaction to takeover a 74% stake in Leeuw Mining & Exploration.
Rand seen below R8/$ by end-2012
The rand is expected to firm to R7.825/$ in 12 months, a Reuters poll shows, but that is dependent on a solution to Europe's debt crisis and a pickup in global growth.
Soft landing in China forecast
China's GDP growth would continue to be supportive of metal prices, according to a report by Goldman Sachs. However, the rand would strengthen before the end of 2012.
Tanzania police foil robbery at AngloGold mine
Heavily armed robbers have tried to steal a stack of gold bars from a plane at an airstrip near a mine in Tanzania owned by AngloGold Ashanti but were thwarted by the police.
Gold up on seasonal China buying; Iran eyed
Gold is on course for a fifth straight session of gains as growing anxiety on Iran boosts its safe-haven appeal and rising seasonal demand in China buoys sentiment.
Appeal against MWS’ water licence dismissed
First Uranium Corporation says the appeal lodged against Mine Waste Solutions' water use licence has been dismissed.
Zambia govt mediating in First Quantum strike
Zambia's government is mediating to end the strike that has halted production at Canada's First Quantum Minerals flagship copper mine, says the minister of labour.
AngloGold reports Savuka fatality
AngloGold Ashanti has reported a fatality at its Savuka mine near Carletonville, following a fall of ground accident.
Jintu deal sealed as Gold One hits target
Gold One International has exceeded its production target for 2011, avoiding a punitive "claw-back' clause which formed part of its takeover by the Jintu-led consortium.
ENRC, First Quantum settle DRC dispute
Kazakh miner ENRC has agreed a $1.25bn settlement with First Quantum Minerals to end a long-running dispute over ownership of the Kolwezi project in the DRC.