BHP welcomes resolution of resources tax
BHP Billiton's CEO Marius Kloppers is encouraged by the comments of newly-appoinmted Australian Prime Minister Julia Gillard that her government will open the door for negotiations with the objective of achieving consensus.
Auryx Gold nears TSX listing debut
Auryx Gold nears its Toronto bourse debut. It will bring to the market a Namibian gold prospect on which it will spend C$15m to bulk up resources and technical studies.
Wits Gold slides on cautionary notice
Shares in Witwatersrand Consolidated Gold Resources dropped 15% to R49 on the JSE, two days after the release of a trading cautionary announcement.
Russia mulls SA anti-dumping duty
Russia has proposed slapping anti-dumping duties on imported nickel-containing steels from China, South Korea, Brazil and South Africa.
Great Basin buys out Rusaf minorities
Great Basin Gold has bought out minority shareholders in Rusaf which owns gold bearing properties in Tanzania and sold its stake in Kryso Resources.
Thabex applies for suspension
Thabex, the junior mining and exploration company, has made an application for the voluntary suspension of its listing on the JSE with immediate effect.
CIC Energy awaits SA approval of IRP2
CIC Energy, says it has extended its engineering, procurement and construction (EPC) contract to allow time for South Africa to approve its second Integrated Resource Plan
(IRP2010).
Gold One raises $65m loan
Gold One International has finally arranged the loan facility needed to cover its potential financial exposure to a $62.5m convertible bond issue which has been weighing down the share price.
Debt is Anooraq’s Achilles heel
Anooraq Resources' Achilles heel is the company's very high level of debt which management must reduce as an urgent priority according to a research report released by JP Morgan Cazenove.
Zimbabwe platinum poised for lift-off
Zimbabwe’s emerging platinum sector appears to be on the verge of a boom as Implats goes for the $500m second phase expansion at Ngezi and other potential mines wait in the wings.