Metorex in the spotlight
There is market speculation in Johannesburg around an imminent takeover bid for copper producer Metorex, amid news that its COO has quit.
Davies unapologetic about steel stance
Trade and Industry Minister Rob Davies again maintained a tough stand against steel producers, saying the government is unhappy with their prices.
Eskom in talks with Vunene on coal deal
Power utility Eskom say it is in talks with Vunene Mining to secure a five-year coal supply deal for its Camden power station.
Rio secures more than 49% of Riversdale
Global miner Rio Tinto says it has beaten its target of acquiring 47% of Riversdale ahead of the deadline for its takeover offer.
Chinese pay top dollar for marginal assets
A Chinese firm appears to be paying an exorbitant amount for highly marginal gold assets that Harmony was happy to sell last year at a fraction of the price to current owner Taung Gold.
DRDGOLD output down, costs climb
Gold miner DRDGOLD expects its quarterly gold production to be about 3% lower, while costs will be some 6% higher.
Acid water blamed on mine liquidators
Liquidators of two mines on the East Rand have fought back after being accused of contributing to environmental damage.
Renewed jitters power gold to new record
Investors worried by the eurozone debt crisis and turmoil in the Arab world have sought safe-haven gold, pushing its price to a new record high.
China snaps up SA gold firm
Chinese firm Wing Hing International says it has acquired 87% of Taung Gold in a multi-billion rand deal.
Metorex copper output up 8%
Metorex increased production despite seasonally high rainfall and the installation of a new modified transformer at Ruashi.