Uranium One needs to find A$1bn
Uranium One has up to two years to raise A$1bn to buy Mantra Resources from its Russian parent ARMZ, and will then invest more than $430m to build a new uranium mine in Tanzania.
Amsa to secure own iron ore mine
UPDATED - ArcelorMittal SA raised the prospect of restarting its own mining division saying it was in negotiations to develop an iron ore mine.
AngloGold Ashanti dives into Eritrea
AngloGold Ashanti reckons Eritrea may turn out to be another Colombia for the group in terms of successful gold exploration.
R4.2bn manganese smelter to boost Coega
The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.
Amsa reports sharp profit drop
ArcelorMittal South Africa has reported a sharp drop in first-quarter profit, but says it expects improvement in the next three months.
James Campbell takes over at Rockwell
African Diamonds ex-MD James Campbell has been appointed the new CEO of Rockwell Diamonds, where he will immediately have to convince investors to plough more money into the company.
Hedge-free AngloGold sees cash coming in
AngloGold Ashanti is starting to benefit from the closure of its hedge book, while its production figures have stayed intact despite torrential rainfall.
Exxaro to sell coal properties for cash
Exxaro Resources wants cash for three Mpumalanga coal deposits, which it has decided are too small to be developed by the group.
Implats, Angloplat in indigenisation talks
Angloplat and Implats are cooperating with Zimbabwe on proposals to sell majority shares in their local operations to locals, says a government minister.
Gold One again under ASX spotlight
The Australian Stock Exchange has for the third time in as many months queried Gold One International on the company’s share trades and corporate activities.