Big concern over Namibia’s mining tax plans
The Namibian government’s proposals for additional taxes on mining may shake the foundations of the country’s industry, say sector players.
Gold marks time; more gains predicted
While gold hovers near a lifetime high, traders say the Federal Reserve’s promise to keep interest rates low should benefit the precious metal.
BHP in $700m mine contractor buyout
BHP Billiton has agreed to buy a company providing mining contracting services to its Western Australian iron operations from Leighton Holdings for A$705m.
Is it too late for gold fever?
As gold soars to new record levels of over $1,700/oz after the US has suffered its first-ever debt downgrade at the hands of S&P, is it too late to catch some of the upside?
Uranium One profit soars
Uranium One has posted a more than five-fold increase in profit, as the company boosted production by 33% and was paid more per pound of uranium sold.
Great Basin Gold shares tumble
Great Basin Gold shares took yet another knock following release of an operational update which dropped this year's gold production forecast for the new Burnstone mine.
Gold One gets go-ahead for deals
Gold One International has received approval from SA's competition authorities to go ahead with its two significant transactions.
Harmony in $9m US lawsuit settlement
HARMONY Gold has agreed to pay $9m to the lead plaintiff in a US class action filed against it in 2008, after being accused of overstating earnings for 2007.
Kumba workers to get R2.3bn payout
Some 5,000 Kumba Iron Ore employees are set to get up to R500,000 each in November when a broad-based empoyee share participation scheme matures.
Gold breaks through $1,700/oz
Bullion has roared to record highs above $1,700 an ounce as an unprecedented downgrade to the US credit rating sent investors scrambling out of riskier assets.