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Web: SA lacks regulatory certainty in mining sector  Comment
2010-09-02 11:42:01
The events in South Africa have shown how a lack of regulatory certainty as well as question marks over security of tenure can bedevil any mineral regulatory regime.
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GoldOne earnings net loss narrows to A$3.9m from $39.5m  Comment
2010-08-30 08:55:01
Gold One has reported the narrowing of its first half net loss to Aus$3.9m from Aus$39.5m previously.
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PNG court approves gold miner Newcrest's Lihir takeover  Comment
2010-08-27 11:52:01
Newcrest's $10.65 billion takeover of Lihir Gold has been approved by a Papua New Guinea court, the final step in a tie-up that will create one of the world's largest gold miners.
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DRDGroup's de-risking strategy pays off  Comment
2010-08-27 09:21:01
Gold producer DRDGold's focus on de-risking its business is paying dividends.
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DRDGold: Industrial action hits full-year profit  Comment
2010-08-27 04:00:01
DRDGold posted a 62 percent tumble in full-year profit yesterday, hurt by a wage strike at one mine that lasted for nearly a month.
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DRDGold surprises with a dividend, stock up  Comment
2010-08-26 11:30:01
Shares in DRDGold gain as much as 3 percent after the gold producer surprised the market with a final dividend of 5 cents per ordinary share for the year to end June.
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DRDGold earnings up 23.9 cents vs 0.4 cents  Comment
2010-08-26 10:26:01
DRDGold has reported a substantial improvement in its quarterly earnings by posting headline earnings of 23.9c a share for the June quarter.
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Harmony to raise output, bullish on bullion  Comment
2010-08-25 18:08:01
Harmony Gold Mining is on course to raise output to 2 million ounces a year in the next three years from 1.7 million forecast for the current financial year.
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African Rainbow expects 785-825c earnings  Comment
2010-08-25 11:21:01
African Rainbow Minerals said that it expects headline earnings per share for the 12 months ended June 30, decrease to between 785c and 825c per share.
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Harmony to delay new R6 billion Evander shaft - CEO  Comment
2010-08-25 11:22:01
Harmony Gold Mining said it will delay development of a R6 billion shaft at its Evander mine in South Africa due to cash constraints.
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AngloGold signs $4.5 million deal to get 51 percent of project  Comment
2010-08-24 09:50:01
Horizonte has that announced that it has signed a $4.5 million or about R32.7m earn-in agreement with AngloGold Ashanti.
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Aurora to re-start limited ops at Orkney and ERPM  Comment
2010-08-24 09:44:01
Aurora Investment Holdings plans to re-start limited mining operations at both Orkney and East Rand Proprietary Mines, the investment group said.
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Simmers falls, says Q1 output down  Comment
2010-08-24 09:46:01
Shares in Simmers & Jack Mines fall more than 3 percent as the South African gold miner posts a 27 percent decline in first-quarter gold production.
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Aurora gets interim funding  Comment
2010-08-23 18:04:01
Aurora Empowerment Systems -- the company controlling two marginal former Pamodzi Gold mines -- has received interim funding from investment group Global Emerging Markets (GEM).
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Mining: AngloGold says no to Ghana  Comment
2010-08-23 04:00:01
Ghana's plan to renegotiate a 2004 agreement that capped mining royalties paid to the government was not "appropriate", AngloGold Ashanti said on Friday.
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Gold stocks poised to stage a comeback  Comment
2010-08-20 14:52:01
Investors continue to pile into gold as a safe haven amid ongoing worries about the global economic growth outlook.
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Mines contravening EMPs won't be named - Shabangu  Comment
2010-08-18 13:05:01
Mineral Resources Minister Susan Shabangu has declined to reveal the names of mines that have contravened approved environmental management plans (EMPs).
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SA CEOs criticise mining rights freeze - paper  Comment
2010-08-18 09:20:01
Top executives of major South African companies have said a government plan to impose a six-month moratorium on new mining prospecting bids may hurt the sector.
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Mining licence moratorium  Comment
2010-08-18 04:00:01
The government imposed a six month moratorium on new prospecting licences, implicitly conceding it had been wrong about recent interpretations of the law in the sector.
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Central Rand Gold: Trial phase yields 3 368 gold ounces  Comment
2010-08-18 04:00:01
For the six months to June, Central Rand Gold (CRG) managed to produce about 3 368 ounces of gold, the group said in a statement to the JSE yesterday.
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