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African Eagle shares oversubscribed

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African Eagles resources says a placing of 23.86 million new ordinary shares in London was oversubscribed.

Galaxy eyes JSE debut this year

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Miner Galaxy Gold says it expects to resolve problems with mining rights and list after the middle the year.

Harmony banks on growth projects

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Harmony Gold says a shaft accident at one its mines is likely to affect production but growth products will contribute to output.

Silver prices slide to 7-week low

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Silver prices have suffered from a dearth of investment demand and gains in the dollar.

Mineworker dies at Harmony’s Bambanani mine

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A winch operator has died at Harmony Gold's Bambanani mine in the Free State after a ground fall, the National Union of Mineworkers says.

Flood crisis knocks BHP Billiton

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The floods in Australia are having an enormous impact on BHP Billiton's coal output, but its iron ore production has hit record levels.

Floods worsen acid water crisis

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The levels of acid mine water in Gauteng are rising quickly because of recent floods and water pollution is spreading, experts warn.

BHP spent $279m on minerals exploration

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BHP Billiton is seeing cost pressure across a broad range of projects.

Great Basin’s Burnstone mine up and running

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Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.

Chinalco strives to be top five global miner

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Chinalco, China's largest alumina producer, plans to become one of the world's top five miners in the next decade, state media reports.