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Cutifani sees gold at $2,200/oz in 2012

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The CEO of AngloGold Ashanti says he expects gold prices to hit $2,200 an ounce by next year and hints the firm may boost its dividend.

Mwana Africa’s Zimbabwe output tops target

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Mwana Africa's Zimbabwe mine output has risen to a monthly average of 4,500 ounces, outstripping its targeted annual production rate.

NUM says wage talks with Implats falter

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The National Union of Mineworkers says separate wage talks with Exxaro Resources and Impala Platinum have deadlocked but strike action was not imminent.

SA to build new nuclear power plants

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Energy Minister Dipuo Peters says she has signed off on a proposal for new nuclear energy plants which is to be sent to the cabinet soon.

Botswana reshapes the diamond business

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Botswana is staking its claim to be the world's most important diamond centre through a radical overhaul of its relationship with De Beers.

Mining ‘no cure’ for poverty

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The John Taolo Gaetsewe District Municipality in the Northern Cape hosts more than 75% of the world’s manganese reserves. It is also one of nine nodes of poverty in SA.

De Beers signs 10-year Debswana deal

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De Beers, the diamond miner and marketer in which Anglo American has a 45% stake, has signed a long-term contract with Botswana's Debswana.

Gold heads for biggest weekly drop since ’09

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Gold has slipped more than one percent, heading for its biggest weekly drop since March 2009.

DMR ‘withdraws’ Mine Waste Solutions right

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First Uranium shares have lost almost 15%, following an announcement that subsidiary Mine Waste Solutions’ mining right has been withdrawn.

Production disruption at Smokey Hills

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Platinum Australia says production at its Smokey Hills Mine in Limpopo has been disrupted by blockages to the access road by communities adjacent to the road.