Asset swap coming at Anooraq: JP Morgan
Anooraq Resources is likely to swap some of its platinum resource inventory to get rid of the R5.5bn debt it owes to Anglo American Platinum, according to JP Morgan Cazenove.
Glencore trading arm ‘solid’ despite uncertainty
Commodities group Glencore International says third-quarter activity in its closely watched marketing arm is "solid", despite slowing global growth.
Anglo ‘seeks talks’ with Codelco
Anglo American Sur CEO Miguel Angel Duran has signalled a chance of tone in the company's heated dispute with Chile's state-owned copper producer Codelco.
Search for Kusasalethu worker carries on
Harmony Gold says it is still searching for a trapped miner at its Kusasalethu mine and all operations there have been halted.
Village goes for higher grade
Village Main Reef has boosted gold production and profits at the Tau Lekoa and Buffels mines through a radical jump in the recovered grade on both operations.
BHP OKs $822m for new Autralian iron ore mine
BHP Billiton has approved $822m in capital spending to dig a new iron ore mine in Australia, capable of yielding 17 million tonnes of ore a year starting in mid-2012.
Ghana budgets for mining tax hike
Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the country's 2012 budget.
Eastplats resumes production at SA mine
Eastern Platinum says it has resumed full production at its flagship Crocodile River mine, following a probe into a fatal accident at the mine earlier this month.
Miner trapped at Harmony’s Kusasalethu
Harmony Gold said says a worker has been trapped underground at its Kusasalethu mine and efforts are being made to rescue the person.
Johann Rupert confirms diamond tailings ventures
Johann Rupert's Reinet Investments has confirmed it will be part of a new waste tailings diamond venture at De Beers' former Jagersfontein mine in the Free State.