Gem, Lucara in merger talks
Gem Diamonds says it is in talks with Canadian-listed Lucara Diamond Corporation over a possible merger.
Bauba Platinum back on track
Bauba Platinum shares have jumped significantly following the settlement of a dispute with the vendors of its platinum rights near Steelpoort.
Russians launch manganese mine in SA
Industrial giant Renova, controlled by Russian tycoon Viktor Vekselberg, has said its SA joint venture has launched a manganese mine.
Anglo’s Carroll boosts her balance sheet
Anglo American CEO Cynthia Carroll took home less pay in 2010 than the year before, but her shares tally rose threefold, with more performance incentives in the pipeline.
Gold Fields makes offer to Cerro minorities
Gold Fields has offered to buy out the remaining shares of its Peruvian unit Cerro Corona.
AngloGold sees gold at $1,600
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
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
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
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
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.