Home News Page 944

News

Anglogold to invest $250m a year in Brazil

0
Anglogold Ashanti will invest $250m each year through 2016 to raise its Brazilian output of the precious metal by two thirds, its chief executive said on Wednesday.

Central Rand Gold takes DMR to court

0
Central Rand Gold is to seek an urgent interdict to be allowed to continue operations while it appeals the government's decision to cancel its mining right.

Vulisango back in action at Simmers

0
BEE company Vulisango has grabbed effective control of the Simmer and Jack Mines cash shell and has also established closer ties with First Uranium.

Australia says profits tax ‘dusted and settled’

0
Australia's government says plans for a controversial profits-based tax on coal and iron ore miners are "dusted and settled", despite independent lawmakers pushing for the inclusion of gold.

Harmony loses miner, rescue team

0
A miner and the men sent to rescue him were killed at Harmony's Evander mine, the company said today.

Amsa pronounces R9.1bn BEE deal dead

0
ArcelorMittal SA (Amsa) declares the mooted R9.1bn empowerment deal with Imperial Crown Trading dead after the proposed partners fail to meet conditions.

BHP coal miners strike to continue

0
Work stoppages at BHP Billiton's Australian mines are set to continue.

Blyvoor may shed 12pc of workforce

0
Record rand gold prices will do nothing for at least 500 workers at DRDGold's Blyooruitzicht underground mine following the group's intention to consider retrenching 12% of the mine's workforce.

Kalagadi on course for 2012 start

0
Kalagadi Manganese says it has reached significant milestones in the construction of its R7bn mine and sinter plant, remaining on track to start production in June 2012.

State mining boss gifted hefty bonus

0
Sizwe Madondo, CEO of the troubled state-owned mining company, was paid nearly R3m this year with roughly a third in a bonus.