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Xstrata shakes off flooding woes

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Xstrata has posted financials in line with forecasts, with a 30% jump in interim profit, pointing to a stronger second half as its copper unit helps the miner recover from a flood-hit start to 2011.

Gold producers, unions to resume talks

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Gold mine workers and producers are to resume wage talks aimed at ending a strike that is costing the companies up to $25 million a day in lost output.

Diamondcorp’s Lace posts fancy results

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The average value of the first diamonds recovered from the initial sampling work at Diamondcorp's Lace mine in the Free State is far higher than expected.

Ban chrome ore exports, says Merafe

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Merafe CEO Stuart Elliot wants levys and volume curbs placed on the exports of chrome ore which he says are benefitting China and harming South Africa.

Deal reached to end gold strike

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A strike in South Africa's gold mining sector has ended after a two-year wage deal was clinched, unions and the Chamber of Mines say.

Davies to probe Exxaro refinery closure

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A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.

New effort to end wage impasse

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Striking coal and gold miners are meeting the Chamber of Mines in separate talks in a bid to end stoppages that have cost South Africa tens of millions of dollars in lost output.

Gold slides on US trade breakthrough

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Stocks have risen while gold and the yen dropped as investors cut safety trades after Washington reached a last-minute deal to escape default.

Harmony creates new executive post

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Harmony Gold has created a new executive position to accelerate the execution of its safety and health strategy.

Wits Gold ready to develop, says new CEO

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Former head of Anooraq Resources, Philip Kotze, has been appointed new CEO of Wits Gold and says the group is ready to move from being an explorer to a developer of mines.