Asset swap coming at Anooraq: JP Morgan
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
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
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.
Johann Rupert confirms diamond tailings ventures
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.
Ex Alexkor CEO under parliament’s spotlight
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.
BHP OKs $822m for new Autralian iron ore mine
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.
Kasukuwere heartened by Impala offer
Zimbabwe indigenisation proposal from Impala had set the parties on "a good course", according to minister, Saviour Kasukuwere.
Miner trapped at Harmony’s Kusasalethu
Harmony Gold said says a worker has been trapped underground at its Kusasalethu mine and efforts are being made to rescue the person.
Ghana budgets for mining tax hike
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.
Great Basin Gold slides on poor delivery
Production problems at the Burnstone gold mine near Balfour have knocked the share price of parent Great Basin Gold, which has restructured its debt facilities to cope.