No clarity for SA miners in Budget
Finance Minister Pravin Gordhan’s budget review for 2013 still did not give any clarity on whether there will be additional taxation on mining companies operating in South Africa.
Village Main on lip of broad corporate reshuffle
The possible closure of Village Main's Buffelsfontein gold mine may the first of several corporate changes as the firm looks to reposition itself strategically.
Amcu represented in mining framework
The views of the Associated Mineworkers & Construction Union (Amcu) had been incorporated into a Peace and Stability framework,
Rising bets on lower gold price
According to Dow Jones Newswires’ Matt Day, fund managers are ramping up their short positions on gold as they bet the commodity price will move lower in the coming weeks.
Amcu absent from Govt. brokered peace pact
Amcu missed the deadline for a peace pact with platinum firms amid confusion as to whether it is responsible for newly founded workers' committees.
O’Neill appointed to Anglo board
BOARD MEMBER: Joint interim CEO Tony O'Neill appointed to AngloGold Ashanti board.
SA platinum embroiled in economic crisis
Mine bosses told a minerals portfolio committee that SA's platinum sector was trapped in a crisis; one that would be worsened by 16% electricity tariff hikes.
Gona unrelenting on royalty tax
FRED Gona, parliament’s mineral resources portfolio committee chairperson, said he would not relent on a plan to channel mining royalties directly into the fiscus despite criticisms from the mining sector that taxes should be ring-fenced.
AngloGold wary of SA unbundling benefits
AngloGold Ashanti declared itself underwhelmed by the investor response to the unbundling of Gold Fields' SA assets and said it would focus on other initiatives first.
Shabangu steps into Amplats fray
Susan Shabangu, mines minister, met with the Chamber of Mines and unions to discuss the resurgence of violence at Anglo American Platinum.