AFRICA

Angloplat's $1.6bn rights issue backed by owner

Monday , 08 Feb 2010
The group said the issue would pay off most of its debt before adding that it expects platinum demand will grow in 2010.

‘Great year' for Randgold as on way to 1 million oz/y gold by 2013

Monday , 08 Feb 2010
Randgold Resources has come up with strong figures for Q4 and for the whole of 2009 and has sharply increased its dividend and has a significant new project pipeline ahead.

Harmony Q2 earnings up on higher gold price

Monday , 08 Feb 2010
The gold miner says it is looking for growth opportunities but cautions that the rand price of gold is likely to be flat for the next 12 months

The recent sell-off in gold could mean the correction is nearly complete.

Monday , 08 Feb 2010
And, as the price of gold approaches the $1,000 we could see some renewed interest by central banks

John Embry on gold and Barry Sergeant on top 100 mining movers and shakers

Sunday , 07 Feb 2010
Mineweb has recently introduced podcasts where key figures are interviewed. The first of these is from John Embry of Sprott Asset Management talking on gold.

Silver stocks smashed and bloodied

Friday , 05 Feb 2010
It's seems to be a case of "who blinks first" in this USD 25bn equities subsector, where the king of volatility resides.

Exxaro (and other) iron ore wannabes

Friday , 05 Feb 2010
65 listed iron ore development companies twist like devils to get to the front of a global pack

Is the double dip upon us? Markets, gold and commodities plunge

Friday , 05 Feb 2010
The latest falls in the markets and gold and commodity prices are raising the fear factor among investors as worries about a double dip recession resurface.

Thoughts on Indaba - upbeat atmosphere before the gold price drop

Friday , 05 Feb 2010
The annual Mining Indaba is now over and it was much more upbeat than that of last year, but the survivors will have to face the big drop in the markets as they return to their desks.

Intelligent gold from a smart company

Friday , 05 Feb 2010
Once again, Gold Fields sets a tough standard for the gold quarterlies reporting season.

First Uranium faces grilling

Thursday , 04 Feb 2010
Top analysts describe how First Uranium needs USD 150m cash, just to stand still.

Gold Fields forecasts drop in Q3 output but Q2 EPS jumps

Thursday , 04 Feb 2010
The gold miner says attributable gold production stood at 900,000 ounces, slightly down from the previous 3 months

Commodity prices to continue rising throughout 2010, but at a slower rate - BarCap

Wednesday , 03 Feb 2010
Continued growth in China and the further financialization of the commodity sector, along with growing supply constraints should mean a continued run for commodity prices

Build, pillage, then privatise: a short history of mine nationalisation in Africa.

Wednesday , 03 Feb 2010
With the ANC Youth league not particularly happy with comments by SA mines minister Susan Shabangu that the nationalisation of South Africa's mines will not happen "in her lifetime" a look at some of the other attempts at such policies is probably overdue

DRC's Katanga province bans exports from 16 miners

Wednesday , 03 Feb 2010
Local authorities have blocked exports by companies who, they believe have not supported local agriculture projects

Khumani iron ore mine on track to boost production by 2012 - ARM

Tuesday , 02 Feb 2010
The diversified miner says it is also aiming to target Zimbabwe's platinum sector

DRC looking at new gemstone laws - Mines Minister

Tuesday , 02 Feb 2010
The Democratic Republic of Congo's minister of mines, Martin Labilo said it is looking at introducing special laws meant to stimulate the gemstone sector

Eskom hikes will hit SA mines - Cynthia Carroll

Tuesday , 02 Feb 2010
Anglo American CEO, Cynthia Carroll said the South African mining sector needs to work closely with the power utility to find ways of cutting consumption

SA mines minister says nationalisation won't happen "in her lifetime"

Tuesday , 02 Feb 2010
Susan Shabangu said that nationalization of South Africa's mines is not a government policy

Shares in First Uranium, Gold Wheaton plunge in Toronto after production announcement

Tuesday , 02 Feb 2010
First Uranium's misfortunes may trigger a USD 42m penalty payment to Gold Wheaton.

First Quantum ignites Paris arbitration

Tuesday , 02 Feb 2010
DRC government on January 11 "cancelled" agreement entitling Kolwezi tailings dispute to go to international arbitration.

First Uranium sneaks in more output cuts

Tuesday , 02 Feb 2010
The world's worst performing uranium stock is more vulnerable than ever to Simmer & Jack, its biggest shareholder.

Pent up demand gobbles gold stocks

Tuesday , 02 Feb 2010
Listed gold stocks jump as much as 40% overnight, as dollar gold bullion records its best daily gain in three months.

Volta Resources says Burkina Faso gold mine will start producing in 2014

Monday , 01 Feb 2010
The group says it is planning to launch a pre-feasibility study at its Kiaka gold mine in the second half of this year

The Strong US dollar continues to put pressure on gold

Monday , 01 Feb 2010
The Yellow metal has traded largely sideways, if not lower, over the last week as a stronger dollar and concerns about the fiscal health of Greece kept the pressure on, but the lower prices have seen buyers step back in, particularly in Asia.