Kumba workers reap big payout
Kumba Iron Ore says that over 6,200 of its employees will reap a R576,045 payout in December as part of an "empowerment" plan aimed at non-managers.
The return of Bernard Swanepoel
Village Main Reef looks a high-risk, high-reward play that widows and orphans should avoid, but gold bugs could be attracted to like moths to a candle.
RBCT responds as Transnet ups pace
Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.
Sierra Leone to post mining revenues online
Sierra Leone will soon launch a public website to detail mining revenues in an effort to ensure that an expected resource bonanza is handled transparently, officials say.
Glencore ‘leads bid’ for Exxaro’s Rosh Pinah
Glencore International is emerging as the preferred bidder for the 50.04% stake in Namibia's Rosh Pinah Zinc mine held by Exxaro Resources, reports Bloomberg.
Rio Tinto sees customers turning cautious
Rio Tinto has warned that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver.
BHP Billiton CFO Vanselow steps down
BHP Billiton has announced the retirement of its popular chief financial officer Alex Vanselow and expanded its top management committee.
Randgold Resources lower 2011 guidance
Randgold Resources has significantly adjusted its output target for 2012 downwards, blaming setbacks at its Cote d’Ivoire and Mali operations.
ANC to redraft nationalisation report
The African National Congress has returned a report with policy recommendations on the issue of mine nationalisation for redrafting, says a senior party official.
Gold One takeover deal in home stretch
Gold One International shareholders who choose to accept a takeover offer from a Chinese consortium will bag their returns before Christmas.