October 26, 2012

Cynthia Carroll yields to pressure and leaves Anglo

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

October 25, 2012

South African unions sign deal with gold companies

The South African National Union of Mineworkers and two other unions signed Thursday a deal with industry body the Chamber of Mines (CoM), agreeing to a new pay structure for…

October 24, 2012

AngloGold Ashanti fires 12,000 South African striking miners

AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list…

October 23, 2012

Gold Fields fires 8,500 striking workers as mining companies get tough on unrest

Gold Fields (JSE:GFI) has fired 8,500 striking workers at a mine in South Africa following their failure to respond to an ultimatum to abandon the strike.

October 23, 2012

Canada’s Ivanplats closes $307 million IPO and now trades shares on the TSX

Africa-focused miner Ivanplats (TSX:IVP), founded by billionaire Robert Friedland, successfully closed Tuesday its $307-million initial public offering (IPO) on the Toronto stock exchange, issuing total equity of $504 million (Cdn$493).

October 23, 2012

North Bay Resources Inc (NBRI): mining operations begin at Fraser River project

The Fraser River Project is located near Lytton in south central British Columbia, Canada, and covers approximately 4.5 kilometers of placer claims along the Fraser River.

October 21, 2012

Fresh calls for Carroll’s head. Anglo CEO could be out ‘within weeks’

"There have been signals from the company that there will be change at the top – and soon."

October 19, 2012

Most Gold Fields miners back to work, but KDC East strikers face final ultimatum

Almost all the 15,000 Gold Fields Ltd. (NYSE, JSE:GFI) miners at risk of being fired for going on an illegal strike reported for duty, but striking workers at the company’s…

October 18, 2012

Platinum’s days as a catalyst may be numbered

New catalyst uses plentiful cobalt and graphene

October 17, 2012

Standard and Poor’s cuts Anglo American’s outlook to negative

Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects…