Money Business

South African Minerals and Petroleum Resources Development Act to be Amended

The South African Mineral and Petroleum Resources Development Act is set to receive an overhaul said officials Department of Mineral Resources, the amendments are set to be tabled in Parliament in the second quarter of 2011. The department is also drawing up a major strategy for the sustainable growth of the mining industry, which it [...]

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AngloGold Ashanti Investigates Columbia Gold Mine

AngloGold Ashanti, the world’s 3rd largest producer of gold is looking into investing a possible 3 billion dollars on a new and further development in Columbia. Anglo has been allowed an interim permit to investigate the La Colosa site for their new gold mine. If further feasibility studies are favorable, the new gold mine to [...]

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