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AngloGold takes 11.5% stake in Stratex

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AngloGold Ashanti has taken an 11.5% stake in Stratex International, an exploration and development company with mines in Turkey, Ethiopia and Djibouti.

Kimberley ends Marange diamonds ban

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The Kimberley Process has lifted a freeze on the sale of diamonds from Zimbabwe's disputed Marange fields, says the head of the global "blood diamonds" monitor.

Gold steady as investors mull Greece crisis

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Gold is trading steady as uncertainty over Greece's ability to remain solvent lingers.

Anglo: nationalisation not the way to go

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Resources giant Anglo American says nationalisation is not the right model for South Africa.

Online rights system to shut down for maintenance

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The department of mineral resources says its online mineral rights application system would be undergoing scheduled maintenance and upgrade work next week.

ARM chooses new CEO

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African Rainbow Minerals has picked one of its own executives - Mike Schmidt - to take over as CEO from Andre Wilkens in March next year.

DRDGOLD cuts Blyvoor’s lifeline

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DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.

Exxaro walks away from Territory

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Exxaro Resources has confirmed that its offer for Territory Resources will not be increased.

MPs to discuss tax levy for acid drainage

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Members of parliament are to consider the establishment of an environmental tax superfund to pay for the acid mine water crisis.

State names water ‘transgressors’

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The department of water affairs has listed 100 mines operating without water licences, four of which - including Exxaro and Gold Fields assets - have not yet made applications.