October 4, 2012

Anglo American CEO appointed chairperson of De Beers

The CEO of diversified mining giant Anglo American (LSE:AAL) Cynthia Carroll has been appointed chairman of venerable diamond miner De Beers.

October 2, 2012

No end in sight for South African mining strikes

Labour unrest at Anglo American Platinum’s South Africa operations spread on Tuesday to a new mine as the company and fellow miner AngloGold Ashanti (NYSE:AU) have hardened their stance on…

September 28, 2012

NASA takes asteroid mining seriously; funds viability study

Only five months after Google’s billionaire co-founders and filmmaker James Cameron officially launched their asteroid mining focused Planetary Resources company, the U.S. National Aeronautics and Space Administration (NASA) is funding…

September 27, 2012

Friedland’s Ivanplats IPO: ‘It’s a gun to the head’

If Ivanplats's $165 million worth of bonds are not redeemed for stock, rates on the debt soars to credit card-like repayments of just under 19% on November 10 and to…

September 27, 2012

Norilsk Nickel looks to acquire PGM licenses in Africa despite risk

At the Russia Investment Summit, Norilsk Nickel CEO Vladimir Strzhalkovsky said the company looks to obtain licenses for platinum group metals deposits in South Africa to increase its resource base.

September 26, 2012

South African mining stuck in ’19th century’

Former anti-Apartheid activist and Gold Fields board member Mamphela Ramphele has some harsh words for South Africa's mining bosses.

September 26, 2012

Zimplats faces USD 33.8 Million in tax liabilities

According to a Zimbabwe Platinum (Zimplats) statement, the company currently has at least USD 33.8 million in tax liabilities.

September 26, 2012

Citi raises forecasts for gold, silver platinum prices, warns of SA strike’s impact on platinum

Citigroup has increased its end-of-year price forecasts for gold, silver and platinum by 2%, 5% and 1.5%, respectively.

September 26, 2012

We will not consider wage demand, says Amplats CEO

Chris Griffith, CEO of Anglo American Platinum, said the company will not consider wage demands by the striking workers.

September 26, 2012

South African strikes far from over: AngloGold Ashanti closed

AngloGold Ashanti (NYSE:AU) was hit by the mining unrest spreading through South Africa again Tuesday night, as strikers halted all of its operations in the country, which account for 32%…