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Mining ‘no cure’ for poverty

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The John Taolo Gaetsewe District Municipality in the Northern Cape hosts more than 75% of the world’s manganese reserves. It is also one of nine nodes of poverty in SA.

Gold heads for biggest weekly drop since ’09

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Gold has slipped more than one percent, heading for its biggest weekly drop since March 2009.

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shares have lost almost 15%, following an announcement that subsidiary Mine Waste Solutions’ mining right has been withdrawn.

Botswana reshapes the diamond business

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Botswana is staking its claim to be the world's most important diamond centre through a radical overhaul of its relationship with De Beers.

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.

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.

Zimbabwe again softens tone

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

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.