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SA to build new nuclear power plants

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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.

DMR ‘withdraws’ Mine Waste Solutions right

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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shares have lost almost 15%, following an announcement that subsidiary Mine Waste Solutions’ mining right has been withdrawn.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

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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.

Production disruption at Smokey Hills

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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.

Zimbabwe again softens tone

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Zimbabwe has again hinted it may show flexibility in its stance towards foreign mining companies.

Sekoko in talks with ‘cornerstone’ investor

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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.

Peru asks Congress to raise mining taxes

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Peru's leftist government has presented a bill to Congress that aims to increase mining taxes to fund anti-poverty projects.

Less of a void at Central Rand Gold

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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

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Gold prices are likely to break through $2,000 an ounce by year-end to new record highs, says metals consultancy GFMS.

Rand may test R7.50 level

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The rand has weakened against the dollar and looks set to hit a new year low above R7.50/dollar.