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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.

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.

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.

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.

Ghana budgets for mining tax hike

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Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the country's 2012 budget.

Johann Rupert confirms diamond tailings ventures

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Johann Rupert's Reinet Investments has confirmed it will be part of a new waste tailings diamond venture at De Beers' former Jagersfontein mine in the Free State.

Eastplats resumes production at SA mine

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Eastern Platinum says it has resumed full production at its flagship Crocodile River mine, following a probe into a fatal accident at the mine earlier this month.

BHP OKs $822m for new Autralian iron ore mine

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BHP Billiton has approved $822m in capital spending to dig a new iron ore mine in Australia, capable of yielding 17 million tonnes of ore a year starting in mid-2012.

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.

Miner trapped at Harmony’s Kusasalethu

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Harmony Gold said says a worker has been trapped underground at its Kusasalethu mine and efforts are being made to rescue the person.