November 27, 2012

Africa’s conflicts threaten potential boost coming from gas, oil and minerals findings —report

While the world concerns itself with the Syrian civil war and the dangers it poses for the already disturbed Middle East, little notice is taken of the conflicts affecting Africa,…

November 27, 2012

Sudan and Saudi Arabia to mine the Red Sea by 2014

The Arab states of Sudan and Saudi Arabia unveiled Tuesday plans to start mining for gold, copper, silver and other riches along the Red Sea basin between the two countries…

November 27, 2012

SA’s 3Q growth worse than expected due to strikes

South Africa’s economy continues to struggle as a consequence of the widespread strikes that have hit its mining sector since August, weighing more heavily on the economy in the third…

November 27, 2012

Merrex Gold Inc. releases final RC drill results from Siribaya gold project

During 2012, 153 RC drill holes totaling 18,946 metres were completed. All assays have been received.

November 26, 2012

Centamin pounded again after Egypt update scares investors

The company said it has to resume gold exports shortly or it will run out of money to cover running cost at its Sukari mine.

November 26, 2012

Foreign mining firms face up to 50% wage hikes in Zambia

Pay and working conditions have become a thorny issue in Zambia particularly when it comes to the many Chinese-run mines in the country.

November 26, 2012

Anglo board reportedly considering cellphone titan for CEO

"Appointing Nhleko as CEO will come out of the blue for international investors."

November 26, 2012

Seven familiar names shortlisted to head Anglo

Well-known executives headhunted from major mining companies such as BHP Billiton, AngloGold Ashanti, Barrick Gold and Xstrata have made the cut to become Anglo American’s new CEO.

November 26, 2012

The huge risk-reward scenario in East Africa

Welcome to East Africa—home of a potential 28 billion barrels of recoverable oil, 440 trillion cubic feet of gas and 14 billion barrels of natural gas liquids.

November 26, 2012

Granite Creek Gold initiates work on Koussikoto Ouest

The company has announced commencement of a work program on the 35 square kilometre, Koussikoto Ouest gold concession, located in western Mali, West Africa