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.
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.
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.
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.
TFR ups ante on mine to port deliveries
Transnet Freight Rail upped the ante in improving its mine to port minerals delivery rate telling miners trains would leave sidings even if wagons were not fully filled.
Hard going for Anooraq and Eastplats
The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.
Codelco fights back against Anglo American
Codelco says it has filed a lawsuit against Anglo American in a bid to prevent the global miner from selling further stakes in the global miner's Chilean copper properties.
Gold bull Paulson sells third of bullion holdings
Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.