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Gem, Lucara in merger talks

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Gem Diamonds says it is in talks with Canadian-listed Lucara Diamond Corporation over a possible merger.

Gold Fields makes offer to Cerro minorities

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Gold Fields has offered to buy out the remaining shares of its Peruvian unit Cerro Corona.

AngloGold sees gold at $1,600

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The direction for gold looks like it may continue to be strong on the upside, says AngloGold Ashanti CEO Mark Cutifani.

ETF hints some still bet on nuclear industry

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An increase in the shares outstanding of a uranium ETF suggests some still see a bright future for a nuclear industry.

Business seeks no detours to Presidency

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Ongoing engagement at presidential level between business and government about the New Economic Growth Path will be the first outcome of last week's job-creation summit.

Govt mulls over acid drainage levy

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Government is looking at introducing a tax on mines as a way or force them to pay for the drainage of acid mine water into the water system.

Mantashe rubbishes mines tax report

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ANC secretary-general Gwede Mantashe has denied that the ruling party is considering changes to the country’s mining royalties system, according to Business Day.

Vale keeps steelmakers sweet on pricing

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Top global iron ore miner Vale will stick with quarterly pricing for its steelmaker customers, sparing them for now a more market-sensitive system which they have fiercely resisted.

Carnage as DRDGOLD bus crashes

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The death toll following a DRDGOLD bus accident near Carletonville has risen to eight.

Turbulent times for Galaxy Gold

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Mining entrepreneur Peter Skeat has yet again fallen out with his partners, this time ahead of Galaxy Gold's crucial fund-raising exercise and listing on the JSE.