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Eastplats resumes production at SA mine

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Eastern Platinum says it has resumed full production at its flagship Crocodile River mine, following a probe into a fatal accident at the mine earlier this month.

Miner trapped at Harmony’s Kusasalethu

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Harmony Gold said says a worker has been trapped underground at its Kusasalethu mine and efforts are being made to rescue the person.

Ghana budgets for mining tax hike

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Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the country's 2012 budget.

Great Basin Gold slides on poor delivery

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Production problems at the Burnstone gold mine near Balfour have knocked the share price of parent Great Basin Gold, which has restructured its debt facilities to cope.

BHP OKs $822m for new Autralian iron ore mine

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BHP Billiton has approved $822m in capital spending to dig a new iron ore mine in Australia, capable of yielding 17 million tonnes of ore a year starting in mid-2012.

Kasukuwere heartened by Impala offer

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Zimbabwe indigenisation proposal from Impala had set the parties on "a good course", according to minister, Saviour Kasukuwere.

Pressure to stay on platinum, says Johnson Matthey

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The platinum market will stay in surplus during 2011 and 2012, despite modest supply growth from South Africa, according to the latest research from Johnson Matthey.

Hard going for Anooraq and Eastplats

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The share prices of Anooraq Resources and Eastern Platinum are almost equally depressed, although Eastplats is in far better financial and operational shape than Anooraq.

Codelco fights back against Anglo American

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Codelco says it has filed a lawsuit against Anglo American in a bid to prevent the global miner from selling further stakes in the global miner's Chilean copper properties.

Gold bull Paulson sells third of bullion holdings

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Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.