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West African Resources confirms mining permits not in peril

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WEST African Resources (WAF) said on Tuesday it had received assurance from the Burkina Faso government that its mining licence would not be withdrawn. This...

Shares in Burkina Faso miners under pressure amid permit fears

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BURKINA Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, said Reuters citing...

Wanblad says Anglo not a sitting duck

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ANGLO American CEO Duncan Wanblad didn't believe his group would fall victim to a takeover once he had completed a radical restructuring of the...

Lucara to sell digital diamond sales company to former CEO

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LUCARA Diamonds announced on Monday it had sold its digital diamond sales channel as it focussed on the commissioning of Karowe mine's expansion project. William...

Mantashe wants commodity price-linked electricity tariffs

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MINISTER of Mineral and Petroleum Resources Gwede Mantashe on Thursday raised the possibility of negotiating electricity tariffs linked to commodity prices in an effort...

Northam signs debut renewable power deal, with others in pipeline

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NORTHAM Platinum said on Friday it had agreed to buy solar power for its Zondereinde mine reducing the operation's carbon footprint by just over...

Anglo may sell more shares in Amplats within a year

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THERE might be one more opportunity for Anglo American to sell off more shares in Anglo American Platinum (Amplats) before it demerges the company...

Canadian investor urges SA to “just mine your coal”

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DEVELOPED countries trying to impose strict green regulatory requirements on mining companies in undeveloped economies like South Africa were hypocritical and unfair. "You have so...

Barrick launches Lumwana copper expansion project

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BARRICK on Wednesday started the development of its Lumwana super pit, a development that comes ahead of a $2bn expansion that is waiting on...

Tanzania to buy gold from miners at market prices

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TANZANIA will buy gold at market prices in terms of a directive given to miners of the metal within its borders that they sell...