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Optimism grows over Harmony’s PNG bonanza

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An update from Harmony’s Papua New Guinea-based operations underscores their potential to boost a lacklustre share.

Rio Tinto closes in on Riversdale

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So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.

CoAL lodges Makhado rights application

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Coal of Africa has lodged a new order mining right application for its Makhado coking coal project in Limpopo.

Bid to liquidate Zuma, Mandela firm

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Trade union Solidarity has submitted an application to the high court for the liquidation of the politically connected Aurora Empowerment Systems.

Nkwe backtracks over suspension

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Nkwe Platinum is to place the relisting of its ASX-listed shares on the back burner because of continued uncertainty over the group’s hold on key assets.

CoAL plans new mines for Limpopo

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Coal of Africa has applied for a mining licence over its Makhado project which is the first of several new mines it would like to build in Limpopo Province.

ANC researching nationalisation – ANCYL

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Research is being conducted by the ANC on how best to take ownership of mines, says the party's youth league.

Acid water rising by 47cm a day

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Gauteng's recent floods have caused an alarming rise in toxic mine water, scientists say.

Petra buys Finsch for R1.4bn

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Petra Diamonds has bought the Finsch mine from De Beers which will boost the company into the world diamond mining big league producing nearly 3m carats annually.

DRDGold output up 7pct, costs 11pct lower

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DRDGold expects production for the December quarter to be higher, thanks in part to an improved performance at the Blyvoor underground operation.