Gigaba outlines vision for using SOC capex to spawn new black miners, industrialists

Public Enterprises Minister Malusi Gigaba reported on Tuesday that initiatives would be announced in the coming months to add momentum to a “comprehensive industrialisation and transformation programme” linked to the multibillion-rand...

Company Announcement: Rights Issue to Raise $1.9 Million

Caravel Announces $1.9 M Rights Issue to Fund Australian Gold- Copper Exploration Strategy

Company Announcement: Partnership ethos marketed to best-of-breed

The first Bigen Africa Partnership Conference was held in March at the CSIR conference facility in Pretoria – attended by hand-picked stakeholders and potential partners from across the globe

Zimbabwe to consult with miners before imposing election taxes

Zimbabwe will consult with the mining industry before imposing any new taxes on the sector to help fund elections set for July, the country's mines minister said on Monday. The taxes have been proposed by Zimbabwe's minister of finance.

03/05/2013 (On-The-Air)

Anglo American’s much-publicised private power project has been put on hold; Steps are being taken to entrench Ekurhuleni on the East Rand as the workshop of the African continent; and A new R500-million investment is strengthening the Western...

Entrepreneurial interns graduate

A pilot group of five entrepreneurs graduated from diversified miner Anglo American’s Entrepreneur Internship Programme (EIP) last month.

Gold discoveries down 45% as shortage of exploration funding takes toll

The declining rate of new gold discoveries and grades worldwide has accelerated in the last four years, with a significant decrease in the rate of drilling. This is as a result of explorers suffering from a severe shortage of financing, says...

National Budget not enough to treat AMD problem

The level of expenditure allocated to acid mine drainage (AMD), as set out by Finance Minister Pravin Gordhan in the 2013 Budget speech, is not sufficient to treat the water in South Africa’s 6 000 derelict mines, reports the World Wildlife Fund...

Golden Cross digs deeper at Copper Hill

ASX-listed junior Golden Cross Resources on Friday reported that it would focus on enhancing its resource at the Copper Hill copper/gold project, in New South Wales, in an effort to improve project economics. The developer noted that a series of...

Potash Corp drops bid for Israel Chemicals; profit up

Potash Corp of Saskatchewan, one of the world's largest potash producers, said on Thursday it was abandoning efforts to take over Israel Chemicals because of strong opposition in Israel. Potash Corp, which currently holds a 14% stake in ICL,...

Western Desert moves closer to Roper Bar finance

ASX-listed Western Desert has secured a A$30-million interim funding facility from Macquarie Bank to fund the development of its Roper Bar iron-ore project, in the Northern Territory. The company told shareholders that its project finance...

Exploration and mining business reference model adopted as a technical standard

The Exploration and Mining Business Reference Model (EM Model) aimed at assisting companies in aligning their business and technical services, was approved as an Open Group technical standard last month – a decision which provides an official...