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Sierra Leone in battle to avoid ‘resource curse’

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Sierra Leone is fighting an uphill battle to avoid the 'resource curse' of high-level graft, civil unrest and a lack of economic diversity that has afflicted many regional neighbours.

Anglo to face criminal probe in Chile

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Chilean prosecutors have launched a criminal investigation into Anglo American's sale of a 24.5% stake in a local subsidiary to Japan's Mitsubishi.

Pan African Resources expect earnings surge

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Pan African Resources says it is expecting an increase in interim headline earnings of up to 93%.

SA platinum in troubled waters

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Anything less than an annual output of 2.6 million ounces from Anglo American Platinum for 2011 will support the growing perception that SA's platinum industry is headed for hard times.

Gold One, Gold Fields explore surface JV

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Following a year of frenetic corporate activity at Gold One International, CEO Neal Froneman has revealed his next play: a possible surface-operations joint venture with Gold Fields.

SA less attractive to mining investors: SAIRR

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SA has become significantly less attractive as a mining investment destination since 2006, says the SA Institute of Race Relations.

IFM recovery exceeds expectations

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Ferrochrome producer International Ferro Metals has taken another step towards restoring investors’ faith, meeting key cost and production milestones as it seeks to regain former highs.

Implats to fire 5,000 in unlawful strike

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Impala Platinum says a strike by drill operators at its Rustenburg operations is illegal and it is to start laying them off.

NUM slams Impala’s 18% retention increase

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Impala Platinum has raised the prospect that production at its Rustenburg mine will be negatively affected for up to two weeks as it begins to dismiss 5,000 rock drill operators.

Shabangu to open Mining Indaba

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Oranisers of the annual Investing in African Mining Indaba says the Minister of Mineral Resources, Susan Shabangu, will officially open the event.