Gold demand up in 2011 – WGC
Gold demand struck 14-year highs in 2011, driven by record investment buying in China, which may overtake India this year as the world's top consumer.
Village promises First Uranium dividend
Village Main Reef says it will pay a special dividend to shareholders if its exposure to
First Uranium gets crystallised into cash. Shareholders may also score from the likely
sale of Cons Murch.
African Barrick Gold profit rises, trebles dividend
African Barrick Gold posted a 30% increase in core profit for 2011, as a rising gold price pushed margins to record levels, offsetting the impact of soaring costs.
Impala strike turns violent
Thousands of protesting miners have burnt tyres and torched a police office near Impala Platinum's Rustenburg mine, as a month-long strike turns violent.
AngloGold boosts dividend on record cash flow
AngloGold Ashanti pushes hard for an improved investment rating, surprising
analysts with a major dividend improvement and promising better returns in the
2012 financial year.
Chile backs Codelco in Anglo fight
The Chilean government is ready to support state mining company Codelco to the end
in its bitter legal fight with Anglo American, says the Deputy Mines Minister.
Exxaro clinches African Iron, extends offer
Exxaro Resources may have to live with significant minority shareholder
Equatorial Resources, which would appear not to have supported the African Iron
offer as yet.
Assore wary of turbulent markets
Iron, manganese and chrome ore miner Assore has reported an increase in interim earnings of 48.5% to R2.1bn, on the back of improved sales volumes and increased commissions.
Paulson cuts gold ETF, upbeat view stays
Hedge fund manager John Paulson has cut his gold ETF bullion holdings by about $600m in the fourth quarter, a second straight reduction.
Base Resources puts Kenya on mining map
Australian-listed Base Resources is developing a heavy mineral sands mine in Kenya
which will be of critical importance to the future of the country’s mining sector.