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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.

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shares have lost almost 15%, following an announcement that subsidiary Mine Waste Solutions’ mining right has been withdrawn.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

Base Resources’ Kenya titanium project funded

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BASE Resources says it has secured funds for its Kenyan titanium project and expects to commence operations next month.

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.

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.

Zimbabwe again softens tone

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Zimbabwe has again hinted it may show flexibility in its stance towards foreign mining companies.

Peru asks Congress to raise mining taxes

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Peru's leftist government has presented a bill to Congress that aims to increase mining taxes to fund anti-poverty projects.

Less of a void at Central Rand Gold

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An internal study shows the "double void" problem at Central Rand Gold may not be as bad as initially feared, but the share price has hit an all-time low of 9c compared with R20 in 2007.