Anglo doubles profit, announces new JV
UPDATED: Anglo American has almost doubled its operating profit on the back of higher commodity prices as well as improved efficiencies, and will resume paying a final dividend.
BHP goes on $80bn expansion spree
BHP Billiton plans to pour $80bn into expansions and return cash to investors rather than chase takeovers, after nearly doubling its first-half profit.
Public enterprises to house state miner
The state-owned mining company that will spearhead the government's foray into the mining sector will be located in the department of public enterprises, says ANC secretary-general Gwede Mantashe.
Australia mining tax to in $60bn less
Australia will collect an estimated A$60bn less in a new mining tax over the next decade than originally predicted, according to the Sydney Morning Herald.
Acid water report reaches cabinet
A report on how to tackle the threat of rising underground acid mine water will be discussed by cabinet this week, says Water Affairs Minister Edna Molewa.
BHP backers pin hopes on further buybacks
BHP Billiton is expected to nearly double its first-half profit to a record, with investors focused on the group's strategy for its bulging cash pile.
Junior miners tout beneficiation
Plans by government to speed up beneficiation are a step in the right direction which will help to grow the economy and create much-needed jobs, say junior miners.
Mine nationalisation ‘to be resolved in 2012 only’
The issue of the nationalisation of SA's mining sector will only be decided at the ANC's policy conference in 2012, according to Deputy Mineral Resources Minister Godfrey Oliphant.
Rio Tinto profits treble to $14bn
Soaring commodities prices and strong growth in emerging markets have bolstered the annual profits of global mining giant Rio Tinto.
Zim mine fees rocket 2 000%
Zimbabwe has hiked mining exploration fees to $1m in a bid to curb speculation.