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ANC plans to dig deep on mine overhaul study

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The ANC plans to complete by the end of the year a study on how to use its vast mineral wealth to fight widespread poverty.

Mines BEE target met, says Chamber

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The Chamber of Mines says black ownership among its members averages 28% and already exceeds state-mandated targets.

State reviews penalties on mining charter

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Government is reviewing its mining law to strengthen the penalty provisions for non-compliance of the mining charter, says an official.

Dividend bonanza for BHP backers

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BHP Billiton has appeased shareholders who are looking for a slice of the diversified miner’s record cash flows, rebasing its final dividend by 22%, paying out 55 US cents per share.

Rail may be split from Transnet: report

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The rail operations of state-owned freight logistics group Transnet may be split into a separate firm, reports Business Day.

BHP posts record profit, boosts dividend

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BHP Billiton has delivered a record second-half profit, driven largely by soaring prices for iron ore, allowing it to award investors a big hike in dividends.

Gold slides 3.5% as investors cash in gains

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Gold has surrendered gains to fall 3.5%, as above-consensus US economic data lift stock markets.

Harmony looks again at listing Evander

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Harmony is once again considering a separate listing for Evander, because of the rocketing gold price, which also has major implications for the funding of its Wafi-Golpu project.

Harmony Gold sees higher FY2012 gold

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Harmony Gold says output for its 2012 financial year will rise to between 1.45 million ounces and 1.55 million ounces.

Brimstone buys into Galaxy Gold

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Holdings group Brimstone Investment Corporation has taken a 10% stake in Galaxy Gold, saying it is "testing the water' prior to further forays in the resources sector.