First Uranium posts wider-than-expected loss
Gold and uranium producer First Uranium Corp posted a wider-than-expected quarterly loss, hurt by foreign exchange translation and certain expenses.
Gold One bondholders stay put
Mining junior Gold One International says none of its bondholders has exercised a once-off put option to redeem bonds for cash.
Platmin’s forecast fiddling to stop, says CEO
Ongoing downward adjustments of production forecasts at junior miner Platmin have come to an end, says CEO Tom Dale.
Mandela’s fugitive son-in-law in coal deal
Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.
Anglo sells Scaw assets
Anglo American says it is to sell Scaw Metals properties to Australian steel product manufacturer OneSteel for $932m.
John Block mined with forged licence
Controversial ANC Northern Cape chairperson John Block is a director of a company that for years has mined salt in the Kalahari with a fraudulent mining licence, court records show.
Zambia reports sharp rise in copper output
Copper production in Zambia has risen significantly due to favourable mining conditions, says the country's central bank.
Gold falls most since July
GOLD has suffered its biggest fall in four months, tumbling 3% as Chinese rate-hike talk and eurozone debt worries triggered widespread unwinding of risk in commodities.
BHP to face buyback pressure as Potash bid fades
BHP Billiton's boss is likely to face calls for a massive share buyback when he confronts shareholders in Australia after his third straight failure to pull off a major acquisition.
Euro debt worries weigh on gold
Gold has suffered a broad retreat, triggered by a stronger dollar, talk about euro zone sovereign debt and speculation China may hike interest rates.