Gold One gobbles up Rand Uranium
Gold One International says it has struck a $250m deal to take over Rand Uranium.
Froneman sets out Rand Uranium strategy
Gold One aims to more than double its gold output with the purchase of Rand Uranium, saying it will prioritise gold before developing any uranium assets.
Aquarius hit by safety stoppages
Aquarius Platinum is the latest platinum company to report having its operations affected by a safety crackdown implemented by the department of mineral resources.
Miners fear Namibia’s rights proposal
Plans by the Namibian government for legislation that will assign almost all mining and exploration rights to a state-owned company will hurt the vital sector, say industry officials.
Landmark rights ruling to hit state coffers
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.
Vavi: Aurora debacle greed at its best
Aurora Empowerment Systems encapsulates capitalism at its worst and greed at its best, says Cosatu general secretary Zwelinzima Vavi.
Guinea eyes bigger mines stakes, tougher rules
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.
Another obligation to hit Zim miners
Zimbabwe is considering legislation to force miners to fund development in local communities, reports a local newspaper.
Minmetals admits defeat to Barrick on Equinox
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
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.