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Energy a certainty for SA power mix

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Newly appointed energy minister, Tina Joemat-Pettersson, said nuclear energy would play a part in South Africa's future energy mix.

Anglo cuts Amapa sale after landslide

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Anglo American agreed to cut the selling price of its Amapa iron ore mine in Brazil after a landslide damaged the port used by the project.

Zim tells diamond miners to cease operations

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Diamond mining companies in Zimbabwe's Marange fields are to stop their operations immediately because their licences have expired.

Eskom 12% hike just the beginning

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The 12,69% increase in the electricity tariff allowed to Eskom would be followed by other increases, development economists have said.

Ghana asks AngloGold to keep cuts ‘reasonable’

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AngloGold Ashanti has been asked by the Ghanaian government to keep a cost reduction programme at the Obuasi gold mine "reasonable".

Grexit may give gold much needed boost

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The prospect of Grexit, the exit of Greece from the Eurozone, could reignite gold's self-haven properties, two Australian gold producers said.

CoM to meet AMCU on membership

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Chamber of Mines said it was concerned about the difference of opinion regarding membership figures of AMCU, but said it would work to resolve the matter

Anglo, Glencore backed to see off slump

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Anglo American and Glencore were strong enough to see out the slump in commodity prices, said a fund manager.

Wesizwe expects H1 basic loss

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Wesizwe Platinum expects to report basic earnings per share of between 49 cents and 51 cents for the six months ended June 30, 2010, compared to a basic loss per share of 2.55 cents previously.

Miners prefer lenders to shareholders

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There was little value in mining shares this year as metal prices would lower and companies prioritised lenders rather than shareholders.