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AngloGold sees 11% Tropicana capex hike

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AngloGold Ashanti said capital expenditure at its western Australia prospect, Tropicana would be 11% higher than the mid-point of its estimates in 2010.

Eskom tariff is ‘tipping point’ for mines: Cutifani

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President of the Chamber of Mines, Mark Cutifani carried the standard for the industry saying Eskom's tariff application would results in more mine restructuring.

Harmony ‘step closer’ to reopening mine

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Graham Briggs, CEO of Harmony Gold, said a meeting had taken the company "a step closer" to reopening its Kusasalethu gold mine on Johannesburg's west Rand.

Govt to spell out coal growth prospects

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A government task team will set down areas in which coal production can be grown, primarily aimed at plugging the coal supply shortage facing Eskom.

Anglo in $4bn Minas Rio write-down

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Anglo American has written down its Minas Rio iron ore project by $4bn and said capital expenditure will increase to $8.8bn as it chases a 2014 production deadline.

Anglo joins litany of billion dollar write-downs

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It's been a grim time for the diversified mining firms: as billions of dollars have been written-off in investments and projects. Here's a sample of the worst.

Amplats’ Griffith hails ‘constructive talks’

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Chris Griffith, CEO of Anglo American Platinum, said the firm's relationship with mines minister, Susan Shabangu, is "back where it should be".

NUM blocked Implats’ push for wage lift

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The National Union of Mineworkers deliberately blocked efforts by Impala Platinum to lift salaries for rock drill operators, the Farlam Commission heard.

JCI’s Gray in firing line over salaries, fees

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Peter Gray, CEO of cash shell JCI, was grilled by shareholders who want to know why he collects a large salary when the firm is not generating cash.

Amplats puts 60-day hold on job cuts

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Anglo American Platinum agreed with unions and government to a 60-day consultation period during which time its restructuring plan would be postponed.