BHP’s tender offer to acquire Petrohawk completed
BHP Billiton has advised that all conditions to acquire the outstanding shares of Petrohawk Energy Corporation for $38.75 per share have been satisfied.
Paladin secures uranium sales agreement
Uranium miner Paladin Energy has signed a series of term uranium sales agreements for output from the Langer Heinrich Stage 3 expansion in the Namib Desert.
Gold soars to near $1,900/oz
Spot gold has surged more than 1% to a third consecutive all-time high, as investors flee to the safety of bullion amid fears of another US recession and the euro zone's debt crisis.
Gold headed for $2,400, say experts
Gold is headed for $2,400, according to gold analyst Martin Murenbeeld, while Paul Walker reports from Chennai that Indians are buying the metal like there's no tomorrow.
Aquarius confirms Mimosa’s plan rejected
Aquarius Platinum says its proposed plan for the indigenisation of Zimbabwean subsidiary, Mimosa, has been rejected by authorities.
Shabangu calls for more women executives
More women are needed in top positions in the mining industry, says Minerals Minister Susan Shabangu.
Anglo weighing counter offer for Macarthur
Anglo American is contemplating a bid for Australia's Macarthur Coal that will challenge US coal company Peabody Energy's earlier offer, according to a Bloomberg report.
Gold a bubble that may deflate, says analyst
Record gold prices may be heading for a correction of about 8 % next month, but the safe-haven metal may also rally to $2,400 an ounce next year, says an analyst.
Num explains its nationalisation stance
The National Union of Mineworkers has reiterated its support for the nationalisation of mines, but says such a policy should be informed by the country’s developmental needs.
ANC charges Malema with sowing discord
THE African National Congress has charged controversial youth leader Julius Malema with "sowing divisions" in its ranks and bringing the party into disrepute.