Home News Page 1149

News

Tongon delivers for Randgold Resources

0
West African gold producer Randgold Resources is staying on track to hit its 2011 production forecasts, as new flagship mine Tongon continues to ramp-up successfully.

AngloGold Ashanti reports record earnings

0
AngloGold Ashanti cracked it in the June quarter, making record earnings from the rising gold price underpinned by good cost control.

Coal to boost mining share of Mozambique GDP

0
Mozambique's coal exports will more than double the contribution of mineral resources to the country's GDP within three years, says a government official.

Impala in fresh wage talks

0
The National Union of Mineworkers plans talks with negotiators at Impala Platinum to head off a strike over wages that may impact global prices of the precious metal.

Gold miners jump on risk aversion

0
JSE-listed gold mining stocks have surged in early trade as investors take shelter from the deteriorating global economic outlook and Europe's worsening debt crisis.

Gold miners return to hedging

0
For just the second time in five years, global gold miners have returned to net hedging.

First Uranium to meet key test, despite outage

0
First Uranium says the week-long outage of operations at Mine Waste Solutions will not affect the outcome of the Gold Wheaton completion test.

Emerging world buys gold as West wobbles

0
Central banks of emerging market countries have added more than $10bn of gold to their reserves this year, in a sign of waning faith in the West's benchmark bonds and currencies.

Shabangu speaks out on Hawks raid

0
Mines Minister Susan Shabangu has described a raid by the Hawks on her ministry's offices as sinister, and says a new mines DG will be appointed within two weeks.

Shabangu: ‘No quick fix’ on nationalisation

0
Uncertainty regarding mining sector nationalisation would be inevitable as government sought to tackle matter through its internal processes, says the mines minister.