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A rare return for Rareco

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Shareholders in Rareco, a junior mining company written off by the market after being suspended on the JSE in 2002, have received an unexpected Christmas gift.

Acid water containment measures mooted

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A team of experts has prepared a report for the cabinet with recommendations on how to contain the problem of acid mine water.

BHP, unions settle Hillside labour dispute

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BHP Billiton Aluminium has reached a salary agreement with workers to end a strike at its Richards Bay unit, says the company.

Oppenheimers sell part of Anglo stake

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The Oppenheimer family has sold almost 8% of its shareholding in Anglo American for R691m.

Sacci to tackle acid mine drainage

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The SA Chamber of Commerce and Industry has established a working group on acid mine drainage and other water issues, according to a report.

Hillside strike continues

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About a third of workers at BHP Billiton's Hillside aluminium smelter in Richards Bay are involved in an ongoing strike, says the company.

Xstrata shrugs off Australia tax threat

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Xstrata is confident disagreement over future exposure to a proposed mining tax in Australia will not jeopardise around $3bn in new coal mine investments, says a senior company executive.

Xstrata seeks new chair

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Xstrata is considering replacing chairperson Willy Strothotte, reports Sky News.

Rio mulls more Alcan asset sales

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Rio Tinto may sell some aluminium smelters and refineries with limited growth potential, and is considering a major capital investment at its Alcan unit, according to a report.

Bengwenyama challenged on land claims

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A community has claimed the Bengwenyama-Ya-Maswati misled the Constitutional Court over the ownership of land on which Genorah Resources’ prospecting rights were set aside.