BHP seeks monthly price for met coal
BHP Billiton has notified major Japanese steelmakers that from April it wants monthly pricing of metallurgical coal to replace quarterly pricing, according to a report.
Exxaro expects profit to double
Exxaro Resources says its full-year profit has likely doubled as the global economic recovery pushed commodity prices higher.
Hedge haunts AngloGold one last time
AngloGold Ashanti has seen its earnings gobbled up by the elimination of its hedge book one last time, reporting a $764m headline loss for the quarter to end-December.
AngloGold enters new profitability era
AngloGold Ashanti stands on the brink of an earnings explosion as it enters a new financial year free from the restraints of a gold hedge, analysts say.
Implats boosts earnings and dividend
Impala Platinum cashed in on rising platinum group metal prices during the six months to end-December, with increases in production from its Rustenburg and Zimplats operations.
Implats still keen on RBPlat
Impala Platinum has not given up on acquiring Royal Bafokeng Platinum, despite being blocked by rival Anglo Platinum in October to the fury of the Royal Bafokeng.
BHP goes on $80bn expansion spree
BHP Billiton plans to pour $80bn into expansions and return cash to investors rather than chase takeovers, after nearly doubling its first-half profit.
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.
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.
Aurora threatened with liquidation
Solidarity has warned that it may move to liquidate Aurora Empowerment Systems.