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Ghana talks with gold miners over new taxes

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Ghana is in talks with gold miners in the country over additional taxes so as to benefit from the soaring price of the precious metal, says the government.

Glencore, Shanduka eye SA’s big guns

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Glencore is pursuing joint ventures with Cyril Ramaphosa across the mining sector - with an emphasis on bolt-on deals, says industry sources and analysts.

China resource tax goes national

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China will extend a regional resource tax on domestic sales of crude oil and natural gas to the whole country and widen it to include coking coal and rare earths.

Mines debate hurts sector, says Cutifani

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AngloGold Ashanti CEO Mark Cutifani has said talks of mine nationalisation were hurting investment in the sector, reports Business Day.

Transnet opens magnetite route

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Transnet Freight Rail has opened a line to transport magnetite for export, after disruptions caused by damage to a bridge, says the company.

Gold industry awaits technology breakthrough

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There is great excitement about a promising new technology which could make deep underground mining possible and ensure the future of SA's gold industry.

Kalahari says CGNPC offer talks resumed

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Kalahari Minerals has confirmed that offer talks have resumed with state-owned China Guangdong Nuclear Power Corp.

BHP gets go-ahead for Olympic Dam expansion

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BHP Billiton has moved a step closer towards an estimated $20bn to $30bn expansion of its Olympic Dam copper and uranium mine.

CRG’s great expectations amid licence row

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Central Rand Gold says it may become one of SA’s lowest cost gold producers and be the solution to rising acid mine water, if only the courts will return its revoked mining right.

Rio surrenders 51% stake in Murowa Diamonds

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Rio Tinto has told Zimbabwe's government it will give up a 51% stake in its local diamond unit Murowa, reports state media.