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ResGen ups Ledjadja stake

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Energy group Resource Generation has increased its ownership of the Ledjadja project from 49% to 74%.

Third party bags Palabora rights

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In a new incident related to SA's mining legislation, Palabora Mining Company says a mining right for some of its assets has been awarded to a third party.

Patel’s jobs target ‘not pie in the sky’

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The state job growth target for mining, as set out in its New Growth Path, is not unattainable as long as certain key constraints are addressed, says an industry body.

Russia slaps anti-dumping duty on SA

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Russia has introduced a three-year, anti-dumping import duty on some flat-rolled steel products from SA.

Great Basin’s Hollister on safety watch-list

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Great Basin Gold says US authorities has detected potential safety violations at its Hollister mine in Nevada.

NZ Oil and Gas shares fall 30%

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Shares in New Zealand Oil and Gas, part owner of Pike River Coal, plummeted 30% as the stock resumed trading four days after a mine explosion left 29 men missing.

Eastplats secures R2.1bn equity financing

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Eastern Platinum has filed a preliminary short form prospectus in connection with a public offering of common shares to raise approximately C$300m.

Gold steady on renewed Ireland worries

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Gold is being supported by safe-haven demand, spurred by renewed worries over Ireland's political stability.

Acid drainage proposals out soon

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A task team of experts considering proposals to counter an imminent acid mine water crisis in the Witwatersrand will have a report ready by the end of the week.

African Eagle, Jacana sign uranium deal

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African Eagle Resources has vended its non-core uranium division to Jacana Resources, a private Australian company, in return for shares and cash.