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Eastplats shares hit the skids

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Eastern Platinum’s share price has been punished as investor disappointment over woeful results were exacerbated by an ongoing and allegedly violent labour dispute.

AngloGold approves new BEE structure

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AngloGold Ashanti says shareholders have accepted the restructuring of its BEE share ownership transaction entered into in 2006.

Uranium One needs to find A$1bn

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Uranium One has up to two years to raise A$1bn to buy Mantra Resources from its Russian parent ARMZ, and will then invest more than $430m to build a new uranium mine in Tanzania.

AngloGold Ashanti dives into Eritrea

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AngloGold Ashanti reckons Eritrea may turn out to be another Colombia for the group in terms of successful gold exploration.

Amsa to secure own iron ore mine

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UPDATED - ArcelorMittal SA raised the prospect of restarting its own mining division saying it was in negotiations to develop an iron ore mine.

Hedge-free AngloGold sees cash coming in

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AngloGold Ashanti is starting to benefit from the closure of its hedge book, while its production figures have stayed intact despite torrential rainfall.

Vavi hits out at Zuma’s nephew

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Cosatu head Zwelinzima Vavi has severely criticised President Jacob Zuma's nephew Khulubuse Zuma, co-owner of Aurora Mines, for donating election money to the ANC instead of paying his workers.

R4.2bn manganese smelter to boost Coega

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The Coega Industrial Development Zone has received a major boost, with the announcement of a R4.2bn rand investment for the construction of a manganese smelter plant.

Amsa reports sharp profit drop

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ArcelorMittal South Africa has reported a sharp drop in first-quarter profit, but says it expects improvement in the next three months.

Namibia gives clarity on mine permits

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Namibia's mines minister has confirmed that a policy to grant future mining rights to a state-owned firm will not impact existing mining and exploration licences.