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No clarity for SA miners in Budget

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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.

Pan African Resources dips as CEO exits

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Jan Nelson, chief executive officer for small-cap gold miner Pan African Resources Plc, has quit.

Village Main on lip of broad corporate reshuffle

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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

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The views of the Associated Mineworkers & Construction Union (Amcu) had been incorporated into a Peace and Stability framework,

Rising bets on lower gold price

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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.

O’Neill appointed to Anglo board

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BOARD MEMBER: Joint interim CEO Tony O'Neill appointed to AngloGold Ashanti board.

Amcu absent from Govt. brokered peace pact

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Amcu missed the deadline for a peace pact with platinum firms amid confusion as to whether it is responsible for newly founded workers' committees.

SA platinum embroiled in economic crisis

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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

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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

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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.