Off The Wires

Zambia’s cabinet approves tax amendments

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Zambia's cabinet approved amendments to the country's controversial royalty laws barely a year after they were first passed.

Fatalities strike SA mines

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African Rainbow Minerals, Wesizwe Platinum and Keaton Energy announced employees had been killed whilst working at their respective properties.

Former Amplats boss blasts Cynthia Carroll

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Neville Nicolau, CEO of Basil Read, said Anglo's former boss, Cynthia Carroll, botched the restructuring of Amplats which Nicolau led from 2008 to 2012.

Acacia signs $1m Burkina Faso exploration deals

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Acacia Mining has extended its search for gold in Burkina Faso's Hounde Belt signing earn-in deals with Canyon Resources and Thor Explorations

Debswana to cut output until market revives

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Debswana, a joint venture between Botswana and Anglo American, would cut output until rough diamond demand revived, probably in the second half of 2015.

Bloomberg donates $30m to reducing coal use

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Michael Bloomberg, New York major, donated $30m in order to cut the number of coal plants in the US by half, reduce carbon emissions, and save lives.

Anglo, Implats slide down JSE index

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South Africa's mining companies continued to lose ground on the JSE with some big ticket names falling out of the top 10, 20 and 40 indices.

Gold to average $1,170/oz in 2015: GFMS

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The price of gold would average $1,170 per ounce in 2015 representing a decline of 7.8% year-on-year, said GFMS Gold Survey.

Zambia to table royalty changes April 13

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Zambia approved proposed amendments to mining royalties and would table them to cabinet on April 13.

Strike at Anglo’s Kleinkopje into its third day

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Production of export-dedicated coal from Anglo American's Kleinkopje mine entered its third day, the group said.