First Uranium posts wider-than-expected loss
Gold and uranium producer First Uranium Corp posted a wider-than-expected quarterly loss, hurt by foreign exchange translation and certain expenses.
Platmin’s forecast fiddling to stop, says CEO
Ongoing downward adjustments of production forecasts at junior miner Platmin have come to an end, says CEO Tom Dale.
BHP kills Potash bid, revives buyback
BHP Billiton has scrapped its $39bn bid for Potash Corp, and says it will return $4.2bn to investors through a share buyback.
Shabangu exposes mine audit subversion
UPDATED: Mineral Resources Minister Susan Shabangu has cited bribery and intimidation as some of the challenges her department faced in the audit of mining and prospecting licences.
John Block mined with forged licence
Controversial ANC Northern Cape chairperson John Block is a director of a company that for years has mined salt in the Kalahari with a fraudulent mining licence, court records show.
Gold falls most since July
GOLD has suffered its biggest fall in four months, tumbling 3% as Chinese rate-hike talk and eurozone debt worries triggered widespread unwinding of risk in commodities.
Zambia reports sharp rise in copper output
Copper production in Zambia has risen significantly due to favourable mining conditions, says the country's central bank.
Mandela’s fugitive son-in-law in coal deal
Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.
Anglo sells Scaw assets
Anglo American says it is to sell Scaw Metals properties to Australian steel product manufacturer OneSteel for $932m.
Fitch downgrades Harmony
Fitch Ratings has lowered its assessment of Harmony Gold, maintaining a negative outlook for future re-ratings because of concerns over the gold producer’s cash holdings.