Tanzania may turn to fossil fuels amid drought
to hydropower as a result of a crippling drought is forcing Tanzania to consider sourcing energy supply from fossil fuels.
Rand to test R10 against dollar
The threat of labour disruptions in the mining sector and disappointing growth data is expected to push the rand towards 10 to the dollar.
China demand will take gold to $1,200/oz
Increased demand for gold from China is expected to lift the price of the metal to $1,200/oz compared to $1,142/oz currently.
Unions stick to gold sector wage demand
Unions negotiating with South Africa's gold producers on a proposed five-year wage deal "retained their demands without any movement".
Value of mining deals higher in 2014 vs 2013
There was an increase in the value of merger and acquisition transactions in the global mining sector in 2014 compared to 2013, said Grant Thornton.
Developmental pricing a ‘deal-breaker’: CoM
Roger Baxter, COO of the Chamber of Mines, said imposing developmental pricing would be "a deal-breaker" for the South African mining sector.
Wage strike crippling Northam output
SOUTH African platinum producer Northam Platinum has lost an estimated 12 000 ounces due to the ongoing strike at its Zondereinde mine in Limpopo.
Gold pain far from over – analyst
Pressure on the gold price was set to continue based on the trading activity in the New York futures market in which speculators increased their bearish wagers.
Acacia signs $1m Burkina Faso exploration deals
Acacia Mining has extended its search for gold in Burkina Faso's Hounde Belt signing earn-in deals with Canyon Resources and Thor Explorations
Dozen firms, NGOs affected by Ebola risk
The ebola virus outbreak in west Africa is starting to have an affect on the way miners in the region operate.