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Aquarius Platinum swings to quarterly net loss

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Aquarius Platinum has swung to a quarterly net loss due to adverse foreign exchange moves and lower precious metal production as a result of operational problems.

What the ANC Youth League wants

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THE ANC Youth League has handed a memorandum on the nationalisation of mines to SA's Chamber of Mines. Here is the unedited memorandum in full, together with the chamber's response.

Anglo weighs major Australian coal expansion

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Anglo American is mulling a $10bn to $15bn expansion of its coal operations in Australia's Queensland state despite plans for "unfair" taxes on miners.

Boom times return for DRDGold

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DRDGold shares are on the up as the marginal gold producer reports soaring profits from the booming rand gold price, with the prospect of plenty more to come if those prices hold up.

Transnet puts pressure on the RBCT

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Transnet CEO Brian Molefe is grinning from ear to ear as stocks build up at the Richards Bay Coal Terminal because TFR is railing coal to the terminal faster than it can be exported.

ResGen secures haulage deal with TFR

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Resource Generation has some comfort it can haul coal from its proposed Boikarabelo mine, but the conditionality of the deal means it can't yet raise capital against it.

Trans Hex progresses De Beers deal

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Shareholders, board members and competition authorities have agreed to the acquisition of Namaqualand Mines by Trans Hex, but certain conditions precedent have yet to be fulfilled.

Steel decline drives iron ore to record slump

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Iron ore price declines earlier this week took September's losses to a record 30% with producers saying it could take months for Chinese demand to recover.

Zanaga ups Congo iron ore resource

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AIM-listed Zanaga Iron Ore Company announced a 7.5% increase in estimated resources for the Zanaga iron ore project in the Republic of Congo.

TFR shifting coal at record tempo

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Transnet Freight Rail was consistently upping its game, Transnet Group CEO, Brian Molefe has said with weekly rates topping 1.6 million tonnes.