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ANC to redraft nationalisation report

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The African National Congress has returned a report with policy recommendations on the issue of mine nationalisation for redrafting, says a senior party official.

Anglo’s growth assets near production

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Diversified miner Anglo American’s production profile will change dramatically over the next two years as its four largest expansion projects are commissioned.

First repatriated gold lands in Venezuela

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Amid wild celebrations, a first shipment of gold bars has arrived in Venezuela after President Hugo Chavez ordered almost all the country's foreign bullion reserves be repatriated.

Northam concludes two-year wage deal

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Northam Platinum concludes a two-year wage agreement at its Zondereinde division.

Unity needed in nationalisation debate: Phosa

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South Africa should speak with one voice on the issues that troubled its economy, such as nationalisation, said Mathews Phosa, ANC Treasurer-General.

ICT, Kumba decision due mid-December

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Mid-December should hear a judgement on the dispute over iron ore mineral rights between Imperial Crown Trading, Kumba Iron Ore and ArcelorMittal.

Mining to drive Zim growth: Biti

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Gold production would double, diamonds would bag $600m ... The outlook for Zimbabwe economic growth would be based partly on its mining industry.

ANC mulls ‘carrot and stick’ on benefication

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The ANC is to debate next week a carrot and stick approach to beneficiation in the mining sector and would not simply slap levies on mineral exporters.

Anglo’s Barro Alto to pick up pace

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Anglo American's Brazilian nickel producer, Barro Alto, would reach full capacity in the second half of 2012, the company said.

Wescoal seals recovery after lossmaking

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After reporting the first loss in its history last year, Wescoal Holdings consolidates its recovery posting an interim profit.