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The state plans to buy Areva’s plant instead of building its own to supply water to the semi-arid Erongo region.
Suzie Keey, of Flagship Asset Management, lays out the reasons why her group likes miner Petra Diamonds.
Children will not be allowed to mine gold, says a government official.
"It’s too virulent, it kills people too rapidly and it’s very easy then to get rid of,” a policy expert tells a mining crowd in Perth.
One analyst suggests the strike impact will be minimal. But if prolonged, the action could hurt.
Still, in addressing debt, the gold miner emphasizes acquisitions that boost free cash flow, shareholder returns.
The company has stopped seeking gold in virgin territory and plans to spend more on areas where it is already mining.
Belgian authorities seized the gems awaiting an auction in Antwerp following a dispute with Amari Holdings over a lost concession.
The Stamigold mine is expected to produce 40,000 ounces next year, almost four times its expected output for 2014.
Ten of those killed are miners from neighbouring Guinea, while the other six are Malian citizens.
They may offer long-term value potential, but for now are rated as “holds”.
Despite being taken to the woodshed by shareholders over a capital-raising proposal, AngloGold CEO conveyed confidence and calm in a Denver Gold Forum presentation.
Mark Bristow said the stake it does not own is too costly at current prices.
Royal Bafokeng Platinum is extending credit to help more than 3,500 employees own homes and improve their living conditions.
The $3 billion deal is the single biggest investment in the country since independence in 1980.
The rare blue diamond sold for $27.6 million, falling short of some analysts’ expectations.
The country’s gold production fell 26% to six tonnes during the January-July period this year.
Investec analysts suggest that AngloGold sell its 45% stake in the DRC mine to JV partner Randgold to alleviate its debt position without dilution.
Russia's trade and industry minister says the miner is partnering a Zimbabwe-Russia JV company to prospect for diamonds.
Billionaire investor John Paulson, whose hedge fund holds 6.6% of the company, objected to the share sale, saying it was “value destructive.”
People close to the matter say South Africa’s central bank pressed AngloGold Ashanti to increase the size of a planned share sale.
China’s Shandong Xinfa is in talks with Guinea to invest $14 billion in the bauxite concession north of Conakry.
Multotec’s mill liner optimisation system comprises a number of elements to perform condition monitoring for a complete and efficient way of managing mill liners.
Sibanye has started talks with unions and other stakeholders about possible job cuts at its Cooke 4 mine to boost profits and productivity.
There is an urgent need for mining research in South Africa, particularly around mechanisation, says Dr Declan Vogt, director of Wits University’s Centre for Mechanised Mining Systems.
Data from the country’s statistics office shows that Tanzania’s expanded by 7.4% in the first quarter of this year.
Mining output dropped 7.7% year-on-year in July, from a revised 5.4% decline in June, shows Statistics South Africa data.
BSGR is seeking to block a looming tender for the Simandou deposit after alleging that its rights to the ground were stripped unlawfully.
The billionaire says AngloGold’s plan to raise $2.1 billion from investors while spinning off non-South African assets will destroy shareholder value.
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