CRG resets takover agreement to June 12
Central Rand Gold said a takeover agreement from any one of four interested Chinese bidders had been given a new deadline of June 12.
X2’s Davis “under pressure” to deal
X2 Resources founder, Mick Davis, was under pressure to conclude mining deals but was having difficulty finding sellers, according to a report.
AngloGold says BEE deals pass muster
AngloGold Ashanti set down its rationale for believing that it - and the mining sector in general - had met the targets of the mining charter.
Ivanhoe nearly doubles cash reserves
Cash and cash equivalents stood at $83m as of end-December most of which has been set aside for the Platreef project in South Africa.
De Beers to tighten sightholder rules
New regulations for cutters and polishers will aim at improving the financial sustainability of the sector which suffers from credit problems from time to time.
Smokey Hills platinum mine to be restarted
The former Platinum Australia mine will produce its first metal - slated to be up to 64,000 ounces of platinum group metals, in 2016.
Vedanta’s Albanese warns of Zambia restructure
Tom Albanese, CEO of Vedanta Resources, said the firm's Zambia unit faced 'huge' restructuring amid high royalties and unpaid VAT claims.
Rockwell agrees $6.3m sale of Tirisano
Rockwell Diamonds is to sell its Tirisano mine for $6.3m in cash which it will use to help fund exploration, acquisitions and mineral rights development.
Tsotsi given time to prepare defence
Eskom's board has given its chairman time to prepare his defence ahead of a meeting next week that could see him kicked out of the company.
Kinross pays $33m to disgruntled shareholder
Kinross is to pay $33m to a disgruntled shareholder which said the Canadian gold miner had misled it about the quality of Tasiast, a mine written down by $6bn.