Gold Fields buys out Iamgold in Ghana
Gold Fields will buy out the interests of minority partner Iamgold in its Tarkwa and Damang mines in Ghana for $667m in cash.
Mines face shutdown over deaths – report
The National Union of Mineworkers may reportedly shut the mining sector down for a day to protest a recent surge in mining deaths.
Gold retreats from new record high
The gold price steadied off a record high as the dollar firmed against the euro although renewed eurozone debt concerns may bolster gold again.
Eskom plant gets US nod
Despite opposition by green groups, the US Export-Import Bank has given initial approval to help fund the Kusile coal plant in Mpumalanga.
Coal rail closure to hit exports
Coal exports will be hurt by Transnet’s shutdown of the Richards Bay coal line for 20 days.
AngloGold to revamp BEE deal
AngloGold Ashanti says it will restructure its black empowerment deal to ensure its employees benefit.
New tax may fund acid water clean-up
Government is considering imposing a mining industry levy or tax to finance the clean-up of toxic acid water.
Gold Fields wants more of its Ghana mines
Gold Fields appears keen to buy the 19% stakes held in its Tarkwa and Damang mines in Ghana by partner Iamgold should Iamgold decide to dispose of those investments.
Glencore seeks up to $12bn in bumper IPO
Commodities giant Glencore is taking advantage of a resources boom in a London and Hong Kong offering.
Gold Fields maintains gold reserves
Gold Field maintained its remaining gold reserves at healthy levels as of the end of December but rising working costs and tougher safety standards have eaten into the group's remaining gold resources.