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South Korean firm joins SA rare earth project

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South Korea's state-run Korea Resources Corporation has reached a definitive agreement to take part in a large-scale rare earth element development project in South Africa.

Ghana tax hikes ‘deep concern’: Gold Fields

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Gold Fields CEO Nick Holland says he is concerned about Ghana's move to increase corporate taxes on the mining sector to 35% from 25%.

Anglo punts fuel cells as SA growth driver

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South Africa has the potential to become a global leader in the development and manufacturing of fuel cell technology, says Anglo American CEO Cynthia Carroll.

London Mining starts up Sierra Leone iron ore

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Londong Mining has started production of iron ore from its Marampa operation in Sierra Leone and the first shipment is on track to be completed by the end of this year.

RBPlat sees Styldrift’s first output by 2015

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Royal Bafokeng Platinum expects to have first production at its Styldrift 1 project in the second quarter of 2015.

MPRDA changes on hold for ANC mines plan

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Draft versions of the amended Mineral and Petroleum Resources Development Act will not be finalised prior to the ANC National Policy Conference in June 2012.

Rio Tinto to invest $2.7bn more in smelter

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Global miner Rio Tinto says it will invest an additional $2.7bn to modernise its Kitimat aluminium smelter in Canada's British Columbia.

Harmony Gold not selling Joel mine – paper

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Harmony Gold is not planning to sell its Joel mine, reports Business Day newspaper.

Fatality at AngloGold’s Kopanang

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AngloGold Ashanti says an employee has died in an underground accident at its Kopanang mine near Klerksdorp.

Gold hits 2-week high on gains in equities, euro

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Gold has hit a 2-week high as gains in equities and the euro prompt buying from speculators, after central banks took action to prevent the euro-zone debt crisis from igniting a global meltdown.