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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.

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.

Base Resources’ Kenya titanium project funded

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BASE Resources says it has secured funds for its Kenyan titanium project and expects to commence operations next month.

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.

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.

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.

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.

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.