September 27, 2011

Fatal accident at Harmony’s Evander mine

Johannesburg. Tuesday, 27 September 2011. Harmony Gold Mining Company Limited (Harmony) regrets to advise that following an ore pass accident and subsequent rescue efforts, an employee and two members of…

September 27, 2011

Zimbabwe to probe foreign firms over ownership law

Zimbabwe will soon probe foreign-owned firms to establish their level of compliance with a law requiring them to sell at least a 51 percent shareholding in their Zimbabwean operations to…

September 27, 2011

De Beers to attain 80 pct of pre-recessionary levels

Rough diamond production of De Beers will recover to 80 per cent of what it has been producing during the pre-recessionary peak levels. The company also has spent Rs 150…

September 27, 2011

Deep Yellow announces high grade uranium intercepts at its Namibian projects

Deep Yellow, a uranium exploration company with operations in Namibia and in Australia, announced on Tuesday additional high grade uranium intercepts from RC drilling at the Ongolo Alaskite Deposit and…

September 27, 2011

ArcelorMittal formally commences iron ore production in Liberia

MONROVIA, Liberia Regulatory News: Important milestone in Liberia’s economic recovery achieved ArcelorMittal, the world’s largest steel and mining company, today commenced commercial iron ore production from its mining operations in…

September 27, 2011

Minister shuts down Kunene’s gold mine

Central Rand Gold mine, which Kunene co-ownes with Gayton McKenzie, was stripped of its rights to mine after complaints that it was not complying with the law.

September 25, 2011

Mega tailings dam in South Africa could get kyboshed

Fin24 is reporting that a huge tailings dam being built in Kuma township could get kyboshed due to opposition from environmental groups, pressure groups and demands from landowners. The Kareerand…

September 25, 2011

Tanzania not rushing new mining taxes – Finance Minister

"It's not a question of saying we'll be doing that from tomorrow. It's an issue being discussed with the companies," Finance Minister Mustafa Mkulo told Reuters on the sidelines of…

September 25, 2011

Allana Potash intersects high-grade potash at 38% KCl over 3.5 metres and provides project update

Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") is pleased to announce that it has intersected three zones of strong potash mineralization in Hole DK-11-27 ("Hole 27").

September 25, 2011

Zim gets just 20% of diamond value — experts

NewsDay reports that diamond colleges have accused the government of being concerned with selling the stones rather than adding value, which would create employment for millions of Zimbabweans and rake…