August 2, 2011

South Africa mines minister says nationalisation wrong, dangerous question to ask

Asking whether South Africa should nationalise its mining industry was the wrong, dangerous question to ask in searching for the answer to South Africa’s “evil triplets” of poverty, inequality and…

August 2, 2011

South Africa gold mine strike over

A strike in South Africa's gold mining sector ended on Tuesday after a 2-year wage deal was clinched, unions and the Chamber of Mines said. The strike at AngloGold Ashanti…

August 2, 2011

South Africa mine nationalization ‘closest since end of apartheid’

Businessweek quotes a confidential report prepared for South Africa's mining CEOs as saying South Africa’s ruling party is closer to some form of nationalization than at any other time since…

August 1, 2011

African Minerals jumps 7% after $1.5 billion China injection

African Minerals Ltd., closed up 7.1% in London on Monday after completing an investment accord with Shandong Iron & Steel Group Co bringing the counter's gains for the year to…

August 1, 2011

Talks fail to end South Africa gold strike

South Africa's National Union of Mineworkers said no progress was made in talks on Monday with the Chamber of Mines to end a strike against the country's main gold producers.…

August 1, 2011

150,000 South Africa coal workers to return to work Tuesday

Workers in South Africa's coal sector are expected to return to their posts on Tuesday after the unions and the SA Chamber of Mines signed a two-year wage agreement, ending…

July 31, 2011

SA firm Redpath clinches R67m contract to build sand tunnel at Botswana’s Ghaghoo diamond mine

Diamond producer Gem Diamonds has awarded a R67-million contract to Redpath South Africa for the development of a sand tunnel at the recommissioned Ghaghoo diamond mine, in Botswana.

July 31, 2011

Firestone Diamonds raises finances for mine development

Mining and exploration company Firestone Diamonds has announced a financing plan that will raise £13.5 million and provide updated development plans for its diamond mining and evaluation projects in Lesotho…

July 31, 2011

Libya holding huge gold reserves, IMF data shows

Libya has declared gold reserves worth more than $6bn at current prices, thought to be held largely at home. The reserves are substantial, ranking in the global top 25, according…

July 31, 2011

Gold Fields fatalities at KDC Mine

Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce the death of two employees at the Number 7 Shaft at its KDC East (formerly Kloof) mine…