ResGen ups Ledjadja stake
Energy group Resource Generation has increased its ownership of the Ledjadja project from 49% to 74%.
Patel’s jobs target ‘not pie in the sky’
The state job growth target for mining, as set out in its New Growth Path, is not unattainable as long as certain key constraints are addressed, says an industry body.
Acid drainage proposals out soon
A task team of experts considering proposals to counter an imminent acid mine water crisis in the Witwatersrand will have a report ready by the end of the week.
Eastplats secures R2.1bn equity financing
Eastern Platinum has filed a preliminary short form prospectus in connection with a public offering of common shares to raise approximately C$300m.
NZ Oil and Gas shares fall 30%
Shares in New Zealand Oil and Gas, part owner of Pike River Coal, plummeted 30% as the stock resumed trading four days after a mine explosion left 29 men missing.
Gold steady on renewed Ireland worries
Gold is being supported by safe-haven demand, spurred by renewed worries over Ireland's political stability.
Afri-Can secures Namibian property
Canadian-listed marine diamond explorer Afri-Can has acquired an 800-square kilometre exploration block on Namibia's south coast, close to the mouth of the Orange River.
African Eagle, Jacana sign uranium deal
African Eagle Resources has vended its non-core uranium division to Jacana Resources, a private Australian company, in return for shares and cash.
Anglo to sell Callide coal mine
Anglo American plans to divest its Callide coal mine in Australia to better focus on high-margin export operations, says the group
DRC sacks state miner execs
Democratic Republic of Congo has replaced the leadership of state mining company Gecamines due to management deficiencies and its failure to make the most of rising metals prices, officials say.