Gold One gains steam on takeover talk
Gold One International’s share price rally is gaining momentum as the market awaits news of a full-scale takeover of the gold junior.
Rio reaches accord with Guinea over Simandou
Rio Tinto says it will pay the government of Guinea $700m after reaching an agreement to resolve all outstanding disputes over its Simandou iron ore project.
Kumba output hit by excessive rainfall
Kumba Iron Ore has reported a 23% decline in quarterly production, hit by excessive rainfall at all operations.
Rains hit Anglo hard
Anglo American has stuck to its production targets despite a first quarter that saw floods and heavy rains hampering output, with coal output from its Australian operations down by over a third.
Shanduka takes over Sentula
Cyril Ramaphosa's unlisted mining group Shanduka Resources is to list its coal assets on the JSE through a takeover of Sentula Mining, which will be renamed Shanduka Mining.
AngloPlat keeps target despite output drop
UPDATED: Anglo Platinum has kept its full-year production target, despite a 5% fall in first-quarter output attributed to safety stoppages.
Nkwe, rival told to kiss and make up
Nkwe Platinum will be forced to sit down and talk with its court rival over prospecting rights on a farm it lost in a Constitutional Court judgment last year.
Namibia’s state miner pockets key rights
Namibia's government has awarded its state-owned mining company "exclusive exploration and mining' rights to a host of strategic minerals, according to a news report.
Miners to submit regular safety reports
The department of mineral resources will require boards of mining companies to submit quarterly reports on health and safety, parliament hears.
Gold powers above $1,500
Gold has rallied above $1,500 an ounce for the first time, extending a run of record highs as investors seeks to hedge growing inflation risks and buy into a broad commodities rally.