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Asset swap coming at Anooraq: JP Morgan

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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.

SA to heighten mines health and safety audits

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Mines Minister Susan Shabangu says her department will be increasing health and safety audits of mines in the face of a "culture of non-compliance".

Glencore trading arm ‘solid’ despite uncertainty

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Commodities group Glencore International says third-quarter activity in its closely watched marketing arm is "solid", despite slowing global growth.

Search for Kusasalethu worker carries on

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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

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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.

Kasukuwere heartened by Impala offer

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Zimbabwe indigenisation proposal from Impala had set the parties on "a good course", according to minister, Saviour Kasukuwere.

BHP OKs $822m for new Autralian iron ore mine

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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.

Johann Rupert confirms diamond tailings ventures

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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.

Ex Alexkor CEO under parliament’s spotlight

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Parliament has lifted the lid on former Alexkor CEO Khetiwe Maseko-McClain’s time in office at the state-owned diamond miner, soon after her three-year term came to an end.

Eastplats resumes production at SA mine

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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.