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Acid water blamed on mine liquidators

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Liquidators of two mines on the East Rand have fought back after being accused of contributing to environmental damage.

Renewed jitters power gold to new record

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Investors worried by the eurozone debt crisis and turmoil in the Arab world have sought safe-haven gold, pushing its price to a new record high.

Rio secures more than 49% of Riversdale

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Global miner Rio Tinto says it has beaten its target of acquiring 47% of Riversdale ahead of the deadline for its takeover offer.

Metorex in the spotlight

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There is market speculation in Johannesburg around an imminent takeover bid for copper producer Metorex, amid news that its COO has quit.

Davies unapologetic about steel stance

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Trade and Industry Minister Rob Davies again maintained a tough stand against steel producers, saying the government is unhappy with their prices.

Chinese pay top dollar for marginal assets

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A Chinese firm appears to be paying an exorbitant amount for highly marginal gold assets that Harmony was happy to sell last year at a fraction of the price to current owner Taung Gold.

DRDGOLD output down, costs climb

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Gold miner DRDGOLD expects its quarterly gold production to be about 3% lower, while costs will be some 6% higher.

Eskom in talks with Vunene on coal deal

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Power utility Eskom say it is in talks with Vunene Mining to secure a five-year coal supply deal for its Camden power station.

Jubilee to acquire chrome ore company

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Mining exploration and development company Jubilee Platinum has unveiled plans to acquire a firm that treats chrome ore in the platinum-rich western Bushveld.

Gold One output jumps 21%

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The increase in gold production at Gold One was largely due to development at Modder East.