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First Uranium posts quarterly sales increase

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First Uranium says that its second-quarter gold sales rose 17.7% from the prior quarter and it is maintaining its full year outlook despite problems at both its projects.

Looking for a better Chinese deal

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If Africans are going to take full advantage of China's hunger for its resources, they need to focus less on the instant cash and more on securing more substantial deals.

BHP approves $1.2bn for Olympic Dam expansion

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BHP Billiton has approved $1.2bn in pre-commitment capital to start expansion work on its Olympic Dam copper and uranium mine.

CRG closure casts doubt over drainage plan

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The Department of Water Affairs will be able to deal with the most critical aspects of acid mine water by year-end, but doubts over Central Rand Gold may thwart its plans.

Mugabe’s health steers Zimbabwe destiny

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President Robert Mugabe's failing health has likely forced his Zanu-PF party to press for early elections in Zimbabwe, but it has not so far loosened his grip on power.

AngloGold wants shares in Russian miner

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AngloGold Ashanti wants to convert the balance of an outstanding loan it provided to Russian miner Trans-Siberian Gold into shares.

Ghana talks with gold miners over new taxes

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Ghana is in talks with gold miners in the country over additional taxes so as to benefit from the soaring price of the precious metal, says the government.

China resource tax goes national

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China will extend a regional resource tax on domestic sales of crude oil and natural gas to the whole country and widen it to include coking coal and rare earths.

Glencore, Shanduka eye SA’s big guns

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Glencore is pursuing joint ventures with Cyril Ramaphosa across the mining sector - with an emphasis on bolt-on deals, says industry sources and analysts.

Mpumalanga back in business

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The Department of Mineral Resources has confirmed that the moratorium on prospecting right applications in Mpumalanga has been lifted.