Harmony in $9m US lawsuit settlement
HARMONY Gold has agreed to pay $9m to the lead plaintiff in a US class action filed against it in 2008, after being accused of overstating earnings for 2007.
Rio, Mitsubishi bid to mop up Coal & Allied
Rio Tinto and Mitsubishi Corp have made an offer to buy out Coal & Allied for $1.56bn, looking to take full control of the Australian coal miner.
Gold breaks through $1,700/oz
Bullion has roared to record highs above $1,700 an ounce as an unprecedented downgrade to the US credit rating sent investors scrambling out of riskier assets.
Kumba workers to get R2.3bn payout
Some 5,000 Kumba Iron Ore employees are set to get up to R500,000 each in November when a broad-based empoyee share participation scheme matures.
Key BHP Olympic Dam ally to step down
An Australian politician who has played a key role in developing BHP Billiton's Olympic Dam mine and is now under pressure to step down has vowed to stay on until October.
Hawks target ICT powerbroker
The power-broker behind the Imperial Crown Trading led consortium - that could turn a number of partners into multimillionaires - has reason to sweat.
Resource nationalism the ‘biggest risk’
Resource nationalism is the biggest threat facing the mining sector this year and next as governments seek to take advantage of higher commodity prices, says Ernst & Young.
Jubilee Platinum upbeat on Tjate results
Jubilee Platinum has reported excellent flotation recoveries from its Tjate project, but the concentrates produced can only be smelted using the company's ConRoast technology.
BHP to appeal power rates judgment
BHP Billiton will apply for leave to appeal against a judgment ordering it and Eskom to disclose the power price agreements of BHP’s aluminium smelters.
Court orders release of Eskom/BHP prices
UPDATED: A judge has ordered state utility Eskom to release details of an undisclosed pricing deal with mining giant BHP Billiton.