CRG’s court bid over revoked right starts
Central Rand Gold says it has started court proceedings in its bid to set aside the decision taken by die Minister of Mineral Resources to cancel its mining right.
Ex DMR official appointed as new DG
Cabinet has appointed Thibedi Ramontja, the current CEO of the Council for Geoscience, as new director-general for the Department of Mineral Resources.
ENRC requests Northam seat
The Kazakh metals producer wants its chief commercial director to take a position on Northam's board indicating it wants to up its participation in the South African platinum firm's affairs.
Zambia eyes 35 percent stake in mine projects
Zambia will negotiate larger stakes in projects with foreign mining firms and plans to revamp tax collection to improve transparency and maximise benefits for itself, the minister of mines said.
Codelco funds option in Anglo copper mine
Chile's Codelco secures $6.75bn in bridging finance that could see it take a 49% stake in Anglo American Sur, a property that houses Anglo American's prized copper mine, Los Bronces.
Exxaro again faces Eskom uncertainty
SA's economy, and Exxaro Resources in particular, may be in for more bad news if there is another delay in the start-up of the first generating set at the Medupi power station.
First Uranium posts quarterly sales increase
First Uranium says that its second-quarter gold sales rose 17.7% from the prior quarter and it is maintaining its full year outlook despite problems at both its projects.
Looking for a better Chinese deal
If Africans are going to take full advantage of China's hunger for its resources, they need to focus less on the instant cash and more on securing more substantial deals.
BHP approves $1.2bn for Olympic Dam expansion
BHP Billiton has approved $1.2bn in pre-commitment capital to start expansion work on its Olympic Dam copper and uranium mine.
CRG closure casts doubt over drainage plan
The Department of Water Affairs will be able to deal with the most critical aspects of acid mine water by year-end, but doubts over Central Rand Gold may thwart its plans.