August 18, 2011

AngloGold halts some work at Moab Khotsong Mine after fatality

JOHANNESBURG -(Dow Jones)- AngloGold Ashanti Ltd. (AU), Africa's largest producer of the precious metal, Thursday reported a fatality at its Mponeng Mine in South Africa overnight and halted some work…

August 17, 2011

Namibia abandons draconian mine tax plans

A day after news of an onerous new mining royalty and taxation regime in Peru, Namibia, the world’s biggest miner of offshore diamonds and a top four uranium producer, drops…

August 17, 2011

Midnight Sun acquires option over Namibian copper-silver properties, announces private placement

Midnight Sun Mining announced that it has entered into an agreement dated July 28, 2011 (the "Agreement") with Logwood Investments Inc., a closely held Namibian Corporation at arms length to…

August 17, 2011

First Coal arrives at the Port of Beira but Infrastructure Remains Key

The world's last substantial untapped coal reserve is set to change forever as the first shipment of coal mined in Moatize arrives by train at the port of Beira this…

August 17, 2011

AngloGold condemned for shooting

AngloGold Ashanti (ANG), the world's third largest gold producer, is in trouble with a human rights group in Ghana after the shooting of a civilian by private security at its…

August 17, 2011

Anglogold security boss caged

An Obusai Magistrate Court has remanded John Frank Kojo Essien, the director of Ghanatta Security Services, in police custody for allegedly shooting to death an illegal miner at the South…

August 17, 2011

Unite or die: Small SA coal miners under pressure

South Africa's junior coal miners, some of them tiny producers, face intense pressure to consolidate, but the varying quality of their deposits and what are often poor locations will prevent…

August 16, 2011

Royal Bafokeng plans $1.4 billion platinum expansion

Bloomberg reports the proposed expansion by South Africa's Royal Bafokeng Platinum follows an increase in demand for platinum which has gained 19% in the past 12 months to $1,818/oz. Steve…

August 16, 2011

Stellar is granted an exploration authorization for the Namarana area covering 132 km(2) in Mali, West Africa

Stellar Pacific Ventures announced that it was awarded by the Ministry of Mines of the Republic of Mali, an exploration authorization for the Namarana area which covers over 132 km2.…

August 16, 2011

DRC gold mine on track for Q4 production – Banro

DRC gold mine on track for Q4 production – Banro New York- and Toronto-listed Banro on Monday said its Twangiza gold project is on track to become the first new…