Posts by Mining MX:

No nationalisation says Gold Fields

GOLD Fields CEO Nick Holland remains confident nationalisation of the mines would not happen in South Africa but conceded the intensifying debate was increasingly worrying international investors. He commented, “I get that feedback

Big concern over Namibia’s mining tax plans

THE Namibian governments proposals for additional taxes on mining could shake the foundations of the countrys industry, according to industry players in the southern African state. One of the proposed amendments to tax legislation announced by the

Amsa still assessing new iron ore project

ArcelorMittal South Africa (Amsa) is on target to complete the due diligence being carried out on a potential new iron ore mine in the Northern Cape by September. Amsa CEO Nonkululeko Nyembezi-Heita told investors at a presentation of the group’s interim results for the six months to end-June in Sandton on Wednesday that once the due diligence was completed further drilling would be carried out and a feasibility study undertaken.

Everybody wins in First Uranium deal

First Uranium shareholders probably couldn’t believe their luck when the announcement came on July 22 that AngloGold Ashanti was buying around 20% of their company, relieving Village Main Reef of most of its 26% stake acquired through the takeover of Simmer & Jack.

The difference 18 months has made

[miningmx.com] -- THE latest Metorex annual review – which covers the 18 months to end-December 2010 following a change to its financial year-end – is already out of date due to the pace of developments this year. But one comment from chairperson Rob