Foreigners snap up SA gold shares
South African gold mines are the most popular JSE-listed companies in which foreign investors are holding stakes.
Vale to list in Hong Kong
Brazil's Vale will list on the Hong Kong stock exchange as the mining giant looks to boost its presence in key Asian markets, including China.
Majali case postponed
The fraud case involving three of the co-accused of controversial businessman Sandile Majali has been postponed to January.
Exploration spend soars on price boom
A rise in metal prices and more stable market conditions prompted mining companies across the globe to boost their exploration budgets by more than 40% in 2010, new data shows.
Community wins landmark rights case
A Limpopo-community has won a Constitutional Court case to set aside a prospecting right over its land, reports Business Day.
DMR accepts ConCourt rights ruling
Government has welcomed a judgement by the Constitutional Court which clarified the extent of community consultation in respect of awarding mineral prospecting rights.
Anglo to focus exploration on South America
Anglo American is focusing the bulk of its exploration efforts on copper and nickel in South America and the Arctic, while any further growth in iron ore will come from joint ventures or acquisitions.
Rio triples 2011 capex
Global miner Rio Tinto is to increase its capital spending to $11bn in 2011 as it expands its lucrative iron ore mines.
Coal demand bodes well for Sentula
Sentula Mining has reported a 10% rise in first-half headline earnings, and says the outlook for its businesses is strong on the back of rising demand from the coal industry.
Patel’s jobs target ‘not pie in the sky’
The state job growth target for mining, as set out in its New Growth Path, is not unattainable as long as certain key constraints are addressed, says an industry body.