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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.

Pan African tipped for more gains

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Pan African Holdings has posted share price gains of around 34% in 2011, following a 27% rise in 2010. Some may ask whether it is time to sell on a high.

Anglo to build $3bn Peru mine in 2012

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Anglo America will start construction on its $3bn Quellaveco copper mine next year, says the company's Peru chief.

Gold Fields targets 1 mln oz in S. America

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Gold Fields aims to produce one million ounces of the precious metal per year in South America by 2015, says the company's regional chief.

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.

Macozoma: beneficiation needs power surety

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Abundant electricity and clarity on the costs thereof are prerequisites for the formation of downstream beneficiation industries, says Tshipi e Ntle chair Saki Macozoma.

Rock driller loses life at Ezulwini

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A rock drill operator has lost his life at First Uranium Corp.'s Ezulwini mine, the company announced.