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Anglo mortgaging future in Chile: Codelco

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Anglo American has mortgaged its future in Chile by selling part of a stake in its southern Chilean properties that Codelco wants to buy into, says Codelco's CEO.

Implats Q1 output plunges

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Impala Platinum says first-quarter gross platinum production has declined by 12% to 388,000 ounces, due to operational issues and safety-related stoppages.

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.

BHP turns more cautious on market outlook

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BHP Billiton, the world's biggest miner, has turned more wary on the outlook for commodity markets, but says conditions are not as bad as during the global financial crisis.

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.

Anglo ‘seeks talks’ with Codelco

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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.

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.

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.