January 22, 2013

Wesizwe Platinum gets $650m Chinese loan

Junior platinum miner, Wesizwe Platinum, has received a $650 million loan from the China Development Bank for its Bakubung mine project in South Africa.

January 22, 2013

INFOGRAPHIC: Palladium’s supply and demand imbalance

Russia and South Africa will see decreases in production

January 22, 2013

Update – Handeni Gold Inc. completes private placement and announces resignations of certain directors

The company issued an aggregate of 13,000,000 shares of common stock, at a price of U.S. $0.05 per share, for gross proceeds of U.S. $650,000.

January 22, 2013

South Africa becomes China’s third biggest iron ore supplier

Rival exporter India struggles to overcome troubles in its mining sector, while Australia remains well in the lead

January 21, 2013

De Beers aims to recoup investment from Anglo gem deposit

The diamond producer is confident of finding a gem deposit in Angola that will allow it to more than recoup the $250 million it has spent on exploration.

January 21, 2013

Egypt finds highly concentrated natural uranium reserve

Government plans to offer mining contracts to international companies.

January 21, 2013

New mercury treaty leaves artisanal gold miners in limbo

Artisanal gold mining, the largest source of global mercury pollution in small-scale operations, is the only source of income for as many as 15 million people in 70 countries, mostly…

January 21, 2013

First Uranium receives $25 million from AngloGold

The figure corresponds to the balance of the $335 million sale of its subsidiary Mine Waste Solutions to AngloGold Ashanti in March last year.

January 21, 2013

South Africa to announce decision on Glencore–Xstrata on Tuesday

South Africa's Competition Tribunal will publish its official decision on the proposed Glencore-Xstrata merger tomorrow.

January 21, 2013

S.Africa replaces India as China’s No 3 iron ore supplier

South Africa overtook India to become China's third-biggest iron ore supplier in 2012, while Australia strengthened its dominant position as the major supplier to Beijing, data from customs showed on…