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SA to heighten mines health and safety audits

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Mines Minister Susan Shabangu says her department will be increasing health and safety audits of mines in the face of a "culture of non-compliance".

Implats Q1 output plunges

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Impala Platinum says first-quarter gross platinum production has declined by 12% to 388,000 ounces, due to operational issues and safety-related stoppages.

Glencore trading arm ‘solid’ despite uncertainty

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Commodities group Glencore International says third-quarter activity in its closely watched marketing arm is "solid", despite slowing global growth.

Anglo ‘seeks talks’ with Codelco

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Anglo American Sur CEO Miguel Angel Duran has signalled a chance of tone in the company's heated dispute with Chile's state-owned copper producer Codelco.

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.

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.

Kasukuwere heartened by Impala offer

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Zimbabwe indigenisation proposal from Impala had set the parties on "a good course", according to minister, Saviour Kasukuwere.

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.

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.