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Namibia to hit miners with windfall tax

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The Namibian government is looking to introduce a minerals windfall tax.

Soros ditches most gold in first quarter

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Billionaire financier George Soros, who calls gold "the ultimate bubble," has dumped almost his entire $800m stake in bullion.

Newcrest back at work in Ivory Coast

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Newcrest Mining says it will resume gold production at its Bonikro mine in the Ivory Coast.

Outsider takes helm at De Beers

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De Beers has named industry outsider Philippe Mellier, an executive from French engineering group Alstom, as its new boss.

Chinese group confirms Gold One bid

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Gold One International has confirmed a consortium of Chinese investors wants to take control of the gold junior in a deal which will value it at around R4.4bn.

Johann Rupert goes diamond mining

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Johann Rupert has emerged as the financial backer of the Superkolong consortium, which holds the right to mine the diamond-bearing dumps at De Beers' former Jagersfontein mine.

Strikes, rand may curb platinum output growth

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South Africa is able to lift its platinum output by 5% in 2011, but the prospect of strikes and a strong rand currency may curb expansion, says metals refiner Johnson Matthey.

Petmin adds Turkey copper to portfolio

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Petmin has added copper to its exploration portfolio following a deal to buy 37.5% of the Shivas copper project in Turkey, a prospect that could yield 150 million tonnes of the metal.

Takeover moves Gold One to ‘fast lane’

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Gold One’s transformation to mid-tier status has gained momentum with a Chinese consortium’s offer for the company, with promises of more corporate action.

New players to shake-up manganese sector

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South Africa’s manganese sector is geared for large-scale expansion and will add around 15% to global capacity.