May 11, 2012
A South African court on Friday granted the Department of Mineral Resources and Imperial Crown Trading (ICT) permission to appeal in a complex case for limited rights at Sishen, one…
May 10, 2012
Shares of Avion Gold failed to recover on Thursday after taking a 28% pummeling the day before, despite announcing vastly improved mineral resources at its Tabakoto Project in Mali, West…
May 10, 2012
Coal of Africa Limited, a coal exploration, development and mining company operating in South Africa has completed the acquisition of Rio Tinto and Kwezi's South African Coal Assets.
May 10, 2012
Africa's largest gold miner AngloGold Ashanti (NYSE:AU) posted first-quarter earnings Thursday of $429 million, which more than double the same period last year, despite a drop in production on the…
May 10, 2012
African Barrick Gold (LON:ABG) shares rose 6% today as the miner announced its board has approved a $185 million expansion at Bulyanhulu, its underground gold mine in Tanzania.
May 10, 2012
Harmony Gold Mining Co. (HAR), the third- largest African miner of the metal, may boost output by 150,000 ounces in the fiscal year ending June 2013 as the company starts…
May 9, 2012
With huge investments in Peruvian copper, Chinalco Mining, a division of the giant Aluminum Corp of China, follows another Chinese state-owned miner to the Hong Kong market to raise money.
May 9, 2012
Exacerbated by stoppages and repairs, the gold miner reported a 20% drop in overall grade but, the bottom line was saved by a tax credit.
May 9, 2012
Anglo American Platinum (Amplats), the world’s largest platinum producer, launched today the first of five fuel cell-powered locomotive prototypes to be tested at its mining operations in South Africa.
May 8, 2012
Canadian diamond producer Lucara Diamond Corp announced today that production from its recently inaugurated Karowe mine in Botswana could be available for sale in June.
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