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AngloGold Ashanti concludes CCV sale

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AngloGold Ashanti said it had closed the sale of its North American mine Cripple Creek & Victor to Newmont Mining for $820m in cash.

Power shortages not new to SA mining

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Power interruptions could be managed by South Africa's mining sector, but it would ultimately hurt growth.

DRDGold to sell mineral rights for R220m

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DRDGold is to sell mineral rights owned by its now closed gold mine, East Rand Properitary Mines or ERPM, to private company Walcott Capital for R220m.

Sibanye held back by Eskom power woes

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Sibanye Gold said it could not commit to mine deepening projects owing to unreliable and high cost electricity supply from Eskom.

AngloGold employee killed in riot at Obuasi

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The head of corporate affairs at AngloGold Ashanti's Ghana office was killed on February 6 during a riot at the mothballed Obuasi mine.

Zambia leaving nationalisation era behind

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Zambia's government said it was leaving the era of nationalisation firmly in its past and was likely to reduce its stake in its copper investment ZCCM to below 50%.

Congo contracts being kept under wraps

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Some 62 contractual documents relating to mining projects in the Congo had not been made fully available to the public, said the Carter Centre.

Vele’s development costs soar

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Coal of Africa says the cost of developing its Vele Colliery in Limpopo had increased by 27%, due to delays caused by the suspension of development at the mine.

Anglo hires fund manager amid review

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Anglo American hired Jim Rutherford, a fund manager for Capital Group for 16 years to its board amid a strategic review.

De Beers picks Patel for CFO role

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De Beers appointed former Anglo American head of corporate finance, Nimesh Patel, as its CFO.