Nationalisation ‘put to bed’ in 2012
Investors will have clarity on nationalisation in SA by July next year, according to Sandile Nogxina, special advisor to Minister of Mineral Resources Susan Shabangu.
ARM boosts full-year profit, dividend
Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.
Namibia’s diamond, uranium output down
Namibia's diamond output more than halved in the second quarter of this year to 208,000 carats as economic woes hit demand, financial group Capricorn Investment Holdings said on Tuesday.
First Uranium gets through key test
First Uranium has successfully completed the testing of its gold plant at Mine Waste Solutions, yet there remain obstacle for the group to mount.
First Uranium enters deal with Vulisango
First Uranium has entered into a R400,000 per month consulting contract with BEE group Vulisango Holdings.
Beneficiation not optional in new MPRDA
Government may force the mining sector to participate in beneficiation, at least as far as the supply of raw materials are concerned, according to policy proposals.
Gold One posts interim profit
Gold One International has reported a swing to an interim profit, from a loss, after it doubled its production and cashed in on a higher gold price.
BHP Billiton appeals power price verdict
The public will have to wait to find out what BHP Billiton’s Southern African aluminium operations pay for electricity.
De Beers SA sees 6.5 mln carats for 2011
De Beers expects its SA business to produce 6.5 million carats in 2011, a million less than 2010 as the effects of mine disposals filter down, says the division's CEO.
Terms to be attached to mining licences
Mining licences will in future be granted with attached conditions, to ensure a supply of raw material for local industries seeking to further refine, or beneficiate, the extracted minerals, MPs hear.