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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.

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.

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.

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.

China snaps up SA gold firm

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Chinese firm Wing Hing International says it has acquired 87% of Taung Gold in a multi-billion rand deal.

Liquidators warn Aurora – again

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Aurora has to prove it has made progress in finding investors for the Pamodzi mine or face being kicked out of the deal, says liquidator Enver Motala.

Evraz Highveld CEO to leave within a week

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Evraz Highveld Steel and Vanadium, SA's second-largest steel producer, says that its CEO has tendered his resignation.

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.

Pallinghurst expects banner year for platinum

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Pallinghurst Resources CEO, Arne Frandsen, says 2011 represents a key period of development for the group's platinum prospect, Platmin.