Public enterprises to house state miner
The state-owned mining company that will spearhead the government's foray into the mining sector will be located in the department of public enterprises, says ANC secretary-general Gwede Mantashe.
Australia mining tax to in $60bn less
Australia will collect an estimated A$60bn less in a new mining tax over the next decade than originally predicted, according to the Sydney Morning Herald.
Zim to nationalise mines, Chinese firm spared
Zimbabwe will proceed with plans to take majority stakes in foreign-owned diamond mines in the east of the country but will spare a Chinese-owned mine from a state takeover.
Acid water report reaches cabinet
A report on how to tackle the threat of rising underground acid mine water will be discussed by cabinet this week, says Water Affairs Minister Edna Molewa.
Weather prompts another force majeure
Xstrata has declared force majeure at its Ulan thermal coal mine in Australia's New South Wales state due to heavy rains, the company says.
Sallies reopens Witkop mine
Sallies is starting up production again from its Witkop fluorspar mine in response to improving market conditions and the weakening of the rand against the dollar.
BHP backers pin hopes on further buybacks
BHP Billiton is expected to nearly double its first-half profit to a record, with investors focused on the group's strategy for its bulging cash pile.
Junior miners tout beneficiation
Plans by government to speed up beneficiation are a step in the right direction which will help to grow the economy and create much-needed jobs, say junior miners.
Keaton Energy bags Leeuw Mining
Keaton Energy has taken over a KwaZulu-Natal based coal producer Leeuw Mining in a deal which gives it direct access to the export market and ownership of new projects.
De Beers upbeat on consumer demand
The all-important consumer side of the diamond business came back to life during 2010, according to De Beers, which predicts rising retail demand for diamonds this year.