January 15, 2013

Over 30 South African gold companies face silicosis class action

The litigation alleges that the 30 named miners, including big names such as AngloGold Ashanti (NYSE:AU), Goldfields (NYSE:GFI) and Harmony Gold (NYSE:HMY), knew of the dangers posed to workers by…

January 15, 2013

Amplats shuts mines, axes 14,000 jobs and sends platinum prices skyrocketing

As part of a long-awaited review of its operations in South Africa, Anglo American Platinum (Amplats) has decided to close and sell off several of its mines, leaving over 14,000…

January 15, 2013

Kenyan oil, hot and getting hotter: Interview with Taipan’s Maxwell Birley

Kenya has become the hottest oil and gas venue in East Africa since big discoveries were made in the country’s virgin oilfields last April.

January 14, 2013

Miners in Mali unperturbed despite Islamist rebels gaining ground

Companies with presence in the country include Randgold Resources, RandSahara Mining, Taurian Minerals Mali, Holdor Ag, Robex Resources Inc. and PG Natyral Resources, among others.

January 14, 2013

China set to make biggest ever contribution to global growth in 2014

HSBC says the Middle Kingdom is replacing the United States and Europe as the driving force behind the world economy

January 14, 2013

Panex Enters into agreement to acquire highly prospective gold project in the Moto gold belt, Democratic Republic of Congo

The company entered into an agreement with Amani Consulting to acquire a 65% interest in a group of two tenements in the oriental province, northeast Democratic Republic of Congo.

January 12, 2013

Panamax coal freight rates slip on vessel oversupply despite fixtures

Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week stable to slightly lower on Friday, amid a pick up in…

January 11, 2013

Impala Platinum sells 51% stake in Zimbabwe unit to locals

Impala Platinum (LON:IPLA), the world's second-largest platinum miner, will retain the remaining 49% in its Zimbabwean operation.

January 11, 2013

B2Gold gains on upbeat results for Otijikoto project

Strong results from feasibility study push shares up nearly 5%

January 11, 2013

Cardero announces maiden inferred resource estimate for Sheini Hills iron project, Ghana

SRK reports 1.3 billion tonnes grading 33.8% iron including 1.05 billion tonnes primary ironstone and hardcap at 35.2% iron and 0.27 billion tonnes detrital iron at 28.2% iron.