Ghana budgets for mining tax hike
Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the country's 2012 budget.
Hard going for Anooraq and Eastplats
The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.
Gillard pushes to end India uranium sales ban
Australian Prime Minister Julia Gillard is pushing to overturn a ban on sales of uranium to India, potentially opening up a new and growing market for suppliers.
Gold bull Paulson sells third of bullion holdings
Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.
First Uranium able to turn the tide, says CEO
First Uranium CEO Deon van der Mescht says delivery on three key issues will result in a turnaround of the company’s collapsing share price.
Pressure to stay on platinum, says Johnson Matthey
The platinum market will stay in surplus during 2011 and 2012, despite modest supply growth from South Africa, according to the latest research from Johnson Matthey.
TFR ups ante on mine to port deliveries
Transnet Freight Rail upped the ante in improving its mine to port minerals delivery rate telling miners trains would leave sidings even if wagons were not fully filled.
Codelco fights back against Anglo American
Codelco says it has filed a lawsuit against Anglo American in a bid to prevent the global miner from selling further stakes in the global miner's Chilean copper properties.
Northam gets R1bn credit facility
Northam has entered into a R1bn five-year revolving credit facility agreement with Nedbank.
BHP sees shale gas capex over $4bn in 2012
BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.