Gordhan takes stock of SA’s mining woes
Finance Minister Pravin Gordhan has given a frank assessment of why SA's mining sector has failed to keep up with its peers in attracting new investment in recent years.
IMF encourages Ghana to up mining revenue
Ghana has to look at options to increase tax revenues from its mining sector, says the International Monetary Fund.
AngloGold CEO sees no bubble in gold price
AngloGold Ashanti Chief Executive Mark Cutifani sees no bubble in gold prices and says prices can easily go higher amid global economic uncertainty.
NUM, Xstrata agree to end dispute within days
The National Union of Mineworkers says it has agreed with Xstrata to resolve within 7 days a dispute over an employee share ownership programme.
Gordhan aims for primary balance by 2015
South Africa will see its budget deficit widen a touch this year to support a weak recovery, but aims to constrain expenditure and keep debt in check.
Move to iron ore shorter-pricing gains speed
Rio Tinto says iron ore demand has remained robust despite market weakness, and says a fall in prices is accelerating a move to shorter-pricing methods.
Xstrata, Num stand-off continue
Xstrata says it had met with the National Union of Mineworkers in a bid to end a strike at its coal and alloys operations, but the talks were unsuccessful.
Shabangu to mediate in Xstrata dispute
The Minister of Mineral Resources, Susan Shabangu, is to help resolve a dispute between the National Union of Mineworkers and Xstrata.
Harmony sees gold at $1,850 in 2012
Harmony Gold sees the price of the commodity in 2012 to average close to the record spot highs of September, but doesn't bank on its peers' views of prices north of $2,000/oz.
Bristow sets steep targets for Randgold
Randgold Resources expects to be producing 1.2 million ounces of gold per year by 2015, and its operations will meet a 20% profit target even if gold falls to $1,000/oz, says CEO Mark Bristow.