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Gold production peaked in Q4

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The outlook for the gold price will be boosted by the likelihood that production from new sources had peaked last year.

Zambia to resist opposition to royalty

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Zambia's finance minister Alexander Chikwanda said the country would press ahead with a royalty-based tax system despite opposition from mining firms.

Kumba to post one fifth earnings decline

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Kumba Iron Ore would post a one fifth decline in earnings for the 2014 financial year owing to a decline in iron ore prices.

Saudi Araba keen to attract mining investment

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Saudi Arabia plans to double inflows of foreign direct investment in the country by attracting miners, among other sectors, as it seeks to reduce its reliance on oil.

ARM, Amplats Modikwa drilling halted

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African Rainbow Minerals and Anglo American Platinum stopped drilling at a second site at its Modikwe Platinum Mine owing to community opposition.

Mwana consider restarting nickel smelter

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Mwana Africa, the UK-listed firm, is considering restarting its Bindura nickel smelter in Zimbabwe after prices for the metal supplied as a concentrate plummet.

Resgen signs $113m loan agreement

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Resource Generation has signed a $113m loan agreement in order to secure mobile fleet equipment from Komatsu for its Boikarabelo coal mine development.

CRG says 5.4m oz available after pumping

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Central Rand Gold estimated that dewatering of its Johannesburg mine had made some 5.4 million ounces of gold mineable again.

Power disruptions, breakdowns hit Metallon

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Metallon Corporation posted a 7% drop in gold production year-on-year during its third quarter due to equipment breakdowns and increased power disruptions.

Congo seeks access to Angola’s Lobito

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The Democratic Republic of Congo was hoping to export copper through the Angola port of Lobito,