Rio, BHP iron ore deal still alive
Mining giant Rio Tinto has denied making any "final decisions" on its controversial iron ore merger with BHP Billiton, as the massive deal appears on the brink of collapse.
Govt urges miners to make a case for coal by investing...
COAL miners should invest significantly to help find concrete scientific solutions for pollution so that government's defence of the future of coal are not...
CoM confirms NUM pondering 8% wage offer
The Chamber of Mines said the union was weighing an offer but plans for a profit share system had been rejected.
Paladin secures uranium sales agreement
Uranium miner Paladin Energy has signed a series of term uranium sales agreements for output from the Langer Heinrich Stage 3 expansion in the Namib Desert.
Orion to study starting up open pit Prieska copper mine earlier...
ORION Minerals will undertake a six month feasibility study to assess whether it can begin early production from its Prieksa Copper-Zinc Project in South...
China liberalises gold market
China has given a spur to the gold market by announcing plans to allow more commercial banks in its borders to trade in gold bars.
Should mining firms buy back shares when a global supply deficit...
TO buy back shares or pay shareholders in cash dividends? That’s one of the happy brain teasers with which companies perenially wrestle. It is, though,...
Illegal miners kill police at Gemfields ruby mine
GEMFLELDS Group said today its Montepuez ruby mine in northern Mozambique was stormed by illegal miners, resulting in the deaths of two police officers.
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China’s reliance on Congo copper growing, say traders
CHINA is forecast to import more off-exchange refined copper this year predominantly from the Democratic Republic of Congo where production of the red metal...
Lonmin through worst, but capital calls loom
Ben Magara, CEO of Lonmin, has steered the company well in these early stages, but important decisions loom on capital projects while strikes remain a risk.