Gold supply to fall “quite rapidly”: Hambro
Evy Hambro, who runs the $8bn World Mining Fund, said gold supply would fall owing to the speed with which gold mines were closing.
CoM says South Africa “making progress’
South Africa was a stable economy and it had made significant progress in the last 20 years, said Roger Baxter, COO of the Chamber of Mines.
Harmony to slash costs to R400,000/kg
Harmony Gold said it would mine more gold and cut spending in equipment and exploration in an effort to reach R400,000 per kiolgram of gold produced.
Eskom maintenance won’t mean load-shedding
Eskom will operate on half its required reserve margin until April while it conducts maintenance, but this would not result in load-shedding.
China to work on Ghana illegal mining
Wang Yi, China's foreign minister, said the issue of illegal mining was taken "very seriously" by the country on a visit to gold-rich Ghana.
Govt equity can protect private sector
Giving governments a stake in investments proved to protect the private investment sector against deal renegotiation, Columbia University has found.
Mozambique’s Renamo says militias regrouping
Former militiamen of Mozambique's Renamo were regrouping in the country's Inhambane province, the party said.
Nyembezi-Heita to join SA-focused IchorCoal
Outgoing ArcelorMittal SA CEO, Nonkululeko Nyembezi-Heita is to join Germany's IchorCoal in March.
Zambia plans sovereign wealth fund
Zambia plans to establish a sovereign wealth fund in an attempt to diversify its economy away from copper mining.
Gold deals set to rebound in 2014
The world's gold mining industry may seize on low sector valuations to replace some output they lost owing to last year's portfolio restructuring, a banker says.