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Gold miners return to net hedging

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A new report shows gold miners have turned to net hedging for the first time since 2005, but it was mostly due to project financing and there was little appetite for "strategic" hedging.

Impala chases the Bafokeng Rasimone mine

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Impala Platinum is almost certainly the company bidding to buy the Bafokeng Rasimone Platinum Mine because there are compelling strategic reasons why it wants the asset.

Mines agree to govt plan on acid drainage

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Government's proposed public-private partnership for environmental conservation has in principle been accepted by the mining sector to address acid mine drainage.

Second Harmony miner found dead

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The search for the remaining missing miner at the Bambanani Mine in the Free State has ended with the recovery of his remains.

Gold gurus at odds on price fortunes

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Gold is expected to surge higher than $1,400/oz, but the experts are at loggerheds about how long the commodity will stay at the top.

RBPlat listing on hold amid mine offer

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The proposed listing of Royal Bafokeng Platinum has been placed on hold while its shareholders dwell on an unsolicited offer to buy Royal Bafokeng Rasimone Mine, RBPlat's key asset.

SA ferrochrome output to double

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South Africa's production of ferrochrome, a steel-making ingredient, is forecast to more than double by 2015.

NUM urges Northam to make ‘good offer’

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The NUM called on Northam Platinum to return to the negotiating table with a good offer in order to resolve the four week standoff at the platinum producer's Zondereinde mine.

Metmar to benefit from investment sale

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Metmar, the commodity trader, said first half earnings would be up to 27% higher after selling an investment.

Aus firm makes Moz discovery

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An Australian mining company says it has discovered deposits in Mozambique of rare minerals with a variety of industrial uses.