Gold Fields in Phillippines venture
Gold Fields may pay up to $340m for control of a gold/copper deposit in the Phillippines in an effort to source one million ounces of gold a year from the Australasia region.
Zambia asks miners to life power pay
The Zambian government has asked miners operating in its borders, including Metorex, to pay more for electricity use.
Cipro washes its hands of hijacking
Cipro has suspended its online facility for changing directorships to curb company hijackings, but says it won't take the blame when its systems are manipulated.
AngloGold raises $1.58bn to close hedge book
AngloGold Ashanti has exercised an over-allotment option on its share and bond issue to help raise an overall $1.58bn to close its hedge book.
Kalahari joy as interlopers ejected
Directors of Kalahari Resources, including founder and chairperson, Daphne Mashile-Nkosi, have won a court battle to have invaders removed from the board.
Optimum Coal suffers profit slump
Optimum Coal Holdings has been hit by lower export prices for coal and the stronger rand.
Workers refuse to surface at AngloPlat mine
Temporary workers at Anglo Platinum's Rustenburg mine are refusing to come out from underground.
AngloGold Ashanti to speed up growth
AngloGold Ashanti intends using the extra $600m it will earn in free cash flow annually through removing the gold hedge to speed up its growth projects, two of which are in South Africa.
AngloGold Ashanti to eliminate hedge book
AngloGold Ashanti is to raise around $1.5bn through the issue of shares and convertible bonds and will use the proceeds to knock down its remaining gold hedge book.
Optimum Coal sues Eskom
Optimum Coal has taken Eskom to arbitration in a bid to cancel the supply contract between the Optimum Colliery and Eskom's Hendrina power station because of a dispute over coal quality.