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BHP posts record profit, boosts dividend

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BHP Billiton has delivered a record second-half profit, driven largely by soaring prices for iron ore, allowing it to award investors a big hike in dividends.

Harmony Gold sees higher FY2012 gold

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Harmony Gold says output for its 2012 financial year will rise to between 1.45 million ounces and 1.55 million ounces.

Brimstone buys into Galaxy Gold

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Holdings group Brimstone Investment Corporation has taken a 10% stake in Galaxy Gold, saying it is "testing the water' prior to further forays in the resources sector.

Zimplats in ownership talks with government

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Impala Platinum's Zimbabwe unit, Zimplats, says it is in talks with the government over its rejected black empowerment plan.

Malema down but mine plans not buried

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The debate on nationalising SA's mining sector is set to fade with its most outspoken proponent, ANC Youth League leader Julius Malema, facing charges from his owner party.

Optimum Coal expects earnings boost

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Optimum Coal says its full year earnings will improve by between 71% and 78%.

Gold retreats as worries subside

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Gold has fallen more than 1% to $1,874.39, as worries over a possible recession retreated.

Aquarius confirms Mimosa’s plan rejected

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Aquarius Platinum says its proposed plan for the indigenisation of Zimbabwean subsidiary, Mimosa, has been rejected by authorities.

BHP’s tender offer to acquire Petrohawk completed

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BHP Billiton has advised that all conditions to acquire the outstanding shares of Petrohawk Energy Corporation for $38.75 per share have been satisfied.

Paladin secures uranium sales agreement

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Uranium miner Paladin Energy has signed a series of term uranium sales agreements for output from the Langer Heinrich Stage 3 expansion in the Namib Desert.