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Kalagadi on course for 2012 start

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Kalagadi Manganese says it has reached significant milestones in the construction of its R7bn mine and sinter plant, remaining on track to start production in June 2012.

Harmony loses miner, rescue team

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A miner and the men sent to rescue him were killed at Harmony's Evander mine, the company said today.

Zambia’s kwacha recovers after election slide

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Zambia's kwacha has gained 2.4% as it recovers from losses triggered by the upset election victory of opposition leader Michael Sata.

AngloGold aims for 5.5 mln oz by 2014

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AngloGold Ashanti says it is aiming to lift output to 5.5 million ounces by 2014, from a forecast 4.45 million ounces this year.

First Uranium points to lobby group for its woes

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The avarice of four landowners, assisted by a well-known environmental activist, is allegedly threatening the existence of First Uranium's Mine Waste Solutions.

Exxaro to spin out titanium business

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Exxaro Resources is to spin off its heavy minerals sands operations into a separate company which will be listed on the New York Stock Exchange.

Rio Tinto may sell aluminium assets

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Rio Tinto is considering spinning off part of its Australian aluminium assets as a planned carbon tax will raise costs and lower margins, reads a report.

Ruling ties DMR’s hand in municipalities

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The Special Court of Appeal has in two separate judgments curtailed the powers of the Minister of Mineral Resources in relation to the granting of mining rights in municipal areas.

Obey rules, Sata tells China

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New Zambian President Michael Sata has told Beijing he welcomes Chinese companies investing in the country, but only if they obey the law and employ more Zambian workers.

Gold already 20% down from high

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The gold price is in free fall, but the fundamentals for the yellow metal remain strong, analysts say.