US jobs data sends TSX to 2012 low

Canada's resource-heavy main stock index tumbled to a 2012 low on Friday as energy and financial shares sank after data showed slower US job creation and a euro zone economy on the edge of another recession. Markets were rattled by soft...

Company Announcement: NovaGold Year-End Financial Results

The fourth quarter represented, on multiple levels, a true turning point for our company. On November 16, 2011, NovaGold announced major changes to its leadership and corporate structure. I, Greg Lang, accepted the position of President and Chief...

Cynthia Carroll fighting the good fight, Diego Hernandez out of line

The State-owned Chilean copper miner Codelco, which is forcing an unfair transaction on Anglo American, has been caught red handed. Anglo’s sale of 24.5% of Anglo American Sur SA to Mitsubishi values 100% of Anglo’s Chilean assets at...

Anglo American outmanoeuvres Codelco in selling 24.5% of Chile stake

Global diversified miner Anglo American has sold a 24.5% stake in its subsidiary Anglo American Sur (AAS) in Chile to Japan’s Mitsubishi Corporation for $5.39-billion, outmanoeuvring State-owned copper miner Codelco, which planned to exercise...

Codelco bid to hurt Anglo American – RBC Capital

The bid by the State-owned Chilean mining company to grab 49% of Anglo American’s Chilean mining assets will deprive the South Africa-created Anglo of some of its planned copper income stream, says the Royal Bank of Canada (RBC) Capital’s...

Anglo chided for being too South African, Carroll puts up strong defence

Anglo American CEO Cynthia Carroll put up a spirited defence of South Africa in the face of pointed queries from mining analysts, following Anglo’s strong 45% increase in core operating profit to $5.9-billion in the six months to June 30. Bank...

Anglo chided for being too South African, Carroll puts up strong defence

Anglo American CEO Cynthia Carroll put up a spirited defence of South Africa in the face of pointed queries from mining analysts, following Anglo’s strong 45% increase in core operating profit to $5.9-billion in the six months to June 30.

AngloGold urges quick silicosis redress, lawyer says less dust will cut incidence, RBC eases $100bn implied-damage sum

South Africa’s largest gold miner is urging quick action on a compensation structure for silicosis sufferers; a lawyer says that the cutting of dust levels to 0,1mg/mm2 will reduce the rising silicosis problem;and analysts have backtracked on...

13/05/2011 (On-The-Air)

The South African gold-mining industry is being shaken by the claims of silicosis sufferers; a Rustenburg platinum company is going a head with a R13-billion expansion programme and a new push is under way to make engineering attractive to South...

Moz government intervenes to resolve ‘wildcat’ Moma strike

Intervention by the Mozambican government could see a “wildcat strike” that started late last week at Kenmare Resources’ Moma mine being resolved shortly, the LSE-listed miner’s broker Royal Bank of Canada (RBC) said in a note on...

DRDGold plans to sell Blyvoor and ERPM to focus on surface reclamation

South African gold miner DRDGold on Tuesday said that it would opt to sell the majority stake in its Blyvoor underground mine, in an effort to align its focus on surface reclamation operations. Speaking to Mining Weekly Online at DRDGold’s...

DRDGold to sell majority stake in its Blyvoor mine

South African gold-miner DRDGold on Tuesday said that it would sell a majority stake in its Blyvoor operation near Carletonville, where production fell by 6% in the March quarter. The Blyvoor mine produced 30 511 oz of gold in the three months,...