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Rio Tinto ‘well-placed to weather market storms’

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Rio Tinto says it is well-placed to weather turbulence in financial markets and continues to expect long-term demand growth.

Workers hurt at DRD’s Blyvoor, says NUM

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The National Union of Mineworkers says that a seismic event has rocked DRDGold's troubled Blyvoor mine.

Transnet doubt stalls ResGen’s Boikarabelo

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Resource Generation says major construction work at its Boikarabelo development is on hold until it has secured a railage contract with Transnet Freight Rail.

Smokey Hills back in production

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Platinum Australia says underground production at its Smokey Hills mine have resumed, following disruptions due to blockages to the access road.

Gold stocks are ‘dirt cheap’ – JP Morgan

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Gold stocks are dirt cheap and gold is going to $2,500/oz, according to the latest research from the top gold analysts at JP Morgan Cazenove.

Mining CEOs see gold price heading one way

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To hear mining executives tell it, gold prices have nowhere to go but up as investors flock to the yellow metal to hedge against the languishing global economy.

Kasukuwere ‘sailing close to the wind’

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Is Saviour Kasukuwere the doppelganger he presents to South Africa's own Julius Malema?

CoAL wants lower rail tariffs

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Transnet is doing a good job on increasing coal railages to Maputo, but tariffs have to drop to make further expansions viable, according to CoAL CEO John Wallington.

AngloGold aims 5km down to unlock ounces

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AngloGold Ashanti aims to use new technology to go 5km below the surface, saying it is on the edge of a major shift in the way people think about underground mining.

Optimum Coal reviews share trades

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Directors at Optimum Coal are reviewing an expression of interest from Glencore and share sales made to the suitor, despite the absence of a formal bid, say investors.