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AngloGold aims for 5.5 mln oz by 2014

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AngloGold Ashanti says it is aiming to lift output to 5.5 million ounces by 2014, from a forecast 4.45 million ounces this year.

Exxaro to spin out titanium business

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Exxaro Resources is to spin off its heavy minerals sands operations into a separate company which will be listed on the New York Stock Exchange.

Ruling ties DMR’s hand in municipalities

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The Special Court of Appeal has in two separate judgments curtailed the powers of the Minister of Mineral Resources in relation to the granting of mining rights in municipal areas.

Obey rules, Sata tells China

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New Zambian President Michael Sata has told Beijing he welcomes Chinese companies investing in the country, but only if they obey the law and employ more Zambian workers.

Zambia’s kwacha recovers after election slide

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Zambia's kwacha has gained 2.4% as it recovers from losses triggered by the upset election victory of opposition leader Michael Sata.

First Uranium points to lobby group for its woes

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The avarice of four landowners, assisted by a well-known environmental activist, is allegedly threatening the existence of First Uranium's Mine Waste Solutions.

Gold already 20% down from high

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The gold price is in free fall, but the fundamentals for the yellow metal remain strong, analysts say.

Sata’s Zambian win no cause for panic

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Mining investors may react with some nervousness to the election of Michael Sata as president of Zambia, but his victory will not trigger a significant "run for the door'.

‘King Cobra’ Sata wins Zambia presidential race

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Zambian opposition leader Michael Sata has been declared the winner of Zambia's presidential election, ousting incumbent Rupiah Banda as the leader of Africa's biggest copper producer.

Nationalisation debate not healthy, says Phosa

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The picking of sides in the debate on nationalisation is not healthy for the country, given its history, says ANC treasurer general Mathews Phosa.