Home News Page 1163

News

Landmark rights ruling to hit state coffers

0
The North Gauteng High Court has ruled that the holder of an old order mineral right is entitled to compensation, paving the way to millions of rands in claims against the state.

BHP keen on liquefied natural gas market

0
BHP Billiton will be interested in becoming a liquefied natural gas operator in the long term, says CEO Marius Kloppers, amid speculation the top global miner is eyeing Woodside Petroleum.

Vavi: Aurora debacle greed at its best

0
Aurora Empowerment Systems encapsulates capitalism at its worst and greed at its best, says Cosatu general secretary Zwelinzima Vavi.

Another obligation to hit Zim miners

0
Zimbabwe is considering legislation to force miners to fund development in local communities, reports a local newspaper.

Minmetals admits defeat to Barrick on Equinox

0
China's Minmetals Resources has bowed out of the battle for copper miner Equinox Minerals, saying Barrick Gold Corp's C$7.3bn bid is too rich.

Uranium prices set to recover

0
The uranium market will remain in deficit until 2020 and prices will start to recover in the second half of this year, according to a research report by RBC Capital Markets.

Guinea eyes bigger mines stakes, tougher rules

0
Guinea's new mining code will give the state a free 15% stake in projects with an option to acquire another 20%, according to a draft report.

Gold One gains steam on takeover talk

0
Gold One International’s share price rally is gaining momentum as the market awaits news of a full-scale takeover of the gold junior.

Rio reaches accord with Guinea over Simandou

0
Rio Tinto says it will pay the government of Guinea $700m after reaching an agreement to resolve all outstanding disputes over its Simandou iron ore project.

AngloPlat keeps target despite output drop

0
UPDATED: Anglo Platinum has kept its full-year production target, despite a 5% fall in first-quarter output attributed to safety stoppages.