MINING.COM

Pan African Resources buys Evander for $178 million

Pan African Resources (LON:PAF) has successfully concluded months of negotiations and has now entered into a deal with Harmony Gold to buy the operating Evander gold mine in South Africa. The acquisition will double Pan African's annual gold production to approximately 200,000 ounces.

Proactive Investors.co.uk | May 30, 2012 | 1:39 pm

De Beers releases 2011 report to society

De Beers released the 2011 Report to Society, in which Chairman Nicky Oppenheimer, summarized the efforts of the diamond company and its contributions towards the cause of beneficiation.

Diamond World | May 29, 2012 | 6:33 pm

Shale gas can contribute to greener economy in South Africa– Econometrix

If South Africa was to realistically achieve the objective of lowering its carbon emissions, the southern Karoo’s shale gas deposits had to be thoroughly investigated, Econometrix MD Rob Jeffrey said on Tuesday.

Mining Weekly | May 29, 2012 | 5:36 pm

Canada’s Kinross Gold sells stake in Brazilian mine to AngloGold for $220 million

Canada’s third main gold miner Kinross Gold (TSX:K) is selling its stake in the Crixas gold mine in Brazil, to South Africa’s AngloGold Ashanti for $220-million.

Cecilia Jamasmie | May 29, 2012 | 5:30 pm

First Uranium says Olma demands are ‘unrealistic’

John Hick, lead independent director of First Uranium Corp, described demands from Olma Investment Group and other dissident shareholders received by the company Tuesday as "unrealisic".

Cecilia Jamasmie | May 29, 2012 | 5:13 pm

Botswana Diamonds awarded new exploration licence

Botswana Diamonds has been awarded an additional 262.6 square kilometre prospecting license for the precious gems in the Africa country for an initial period of three years, after which it can be renewed for two additional periods of two years each.

Botswana Diamonds plc | May 29, 2012 | 12:09 pm

South African mining’s top leaders to hammer out new vision for the industry

A meeting of top South African mining stakeholders is to take place in Midrand involving mining companies, trade unions and government with the intention of finding a consensual way forward for the country's key mining industry.

Mineweb | May 28, 2012 | 6:05 pm

Aquarius Platinum reassures investors over Mimosa mine in Zimbabwe

Aquarius Platinum said its Mimosa mine has not been affected by the recent directive from the Reserve Bank of Zimbabwe regarding the suspension of banking services for certain mining companies.

Cecilia Jamasmie | May 28, 2012 | 4:52 pm

Bodies of 10 illegal diamond miners recovered in South Africa

The bodies of 10 illegal miners were pulled from a collapsed tunnel at a disused diamond mine in South Africa's Northern Cape province De Beers announced late on Saturday.

MINING.com Editor | May 27, 2012 | 5:59 pm

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