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The return of Bernard Swanepoel

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Village Main Reef looks a high-risk, high-reward play that widows and orphans should avoid, but gold bugs could be attracted to like moths to a candle.

Collahuasi says plants working amid stoppage

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Chile's giant Collahuasi mine has confirmed workers on two shifts have downed tools at the world's No. 3 copper mine, adding that its plants were fully operational.

Sierra Leone to post mining revenues online

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Sierra Leone will soon launch a public website to detail mining revenues in an effort to ensure that an expected resource bonanza is handled transparently, officials say.

Kumba workers reap big payout

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Kumba Iron Ore says that over 6,200 of its employees will reap a R576,045 payout in December as part of an "empowerment" plan aimed at non-managers.

Bisichi impasse benefits Wescoal

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Wescoal has pulled off a "company-making" transaction by acquiring the Pegasus coal deposit on the back of a bust-up between the original owners dating back years.

ANC to redraft nationalisation report

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The African National Congress has returned a report with policy recommendations on the issue of mine nationalisation for redrafting, says a senior party official.

Randgold Resources lower 2011 guidance

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Randgold Resources has significantly adjusted its output target for 2012 downwards, blaming setbacks at its Cote d’Ivoire and Mali operations.

Gold One takeover deal in home stretch

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Gold One International shareholders who choose to accept a takeover offer from a Chinese consortium will bag their returns before Christmas.

Glencore ‘leads bid’ for Exxaro’s Rosh Pinah

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Glencore International is emerging as the preferred bidder for the 50.04% stake in Namibia's Rosh Pinah Zinc mine held by Exxaro Resources, reports Bloomberg.

Revised MPRDA at least a year away

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Proposed amendments to the Mineral and Petroleum Resources Development Act will not come into law before end-2012, says Mines Minister Susan Shabangu.