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Aurora says it has paid workers

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An Aurora director has told Parliament that most of its workers at the Grootvlei and Orkey mines have been paid.

Palabora iron ore output down 8%

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Palabora Mining says its iron ore output was hit by equipment slowdowns, while copper production fell 10%.

Num slates Aurora man’s ANC donation

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The ANC should give a donation it got from Aurora's Khulubuse Zuma back to his unpaid workers, says the National Union of Mineworkers.

ANCYL wants land grabs in Constitution

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The ANC Youth League proposes amending the Constitution to empower the state to expropriate private property, particularly land and mines, without compensation.

‘SA mines grab debate skewed by race’

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A survey shows a sharp racial divide on support for or disagreement with the nationalisation of SA's mines.

Gold surges to fresh record

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The price of gold rose to a new high on fears of heightened inflation and concerns the dollar would weaken further against the euro.

Competing bid likely for Metorex

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Now that Vale has started the ball rolling with its takeover offer, it seems likely there is going to be a competing bid for Metorex from Chinese investors.

BHP Billiton completes $6.3bn buyback

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BHP Billiton has bought back 4.4% of its shares as part of its $10bn capital management program.

Zim mining body offers equity compromise

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Zimbabwe's mining industry has proposed that "social investments" count towards meeting new economic empowerment regulations for foreign mining firms.

Russian firms to invest in SA rare metals

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Two Russian firms have reportedly agreed to participate in government's planned R15bn rare metals processing complex.