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Gold One reiterates 2011 target

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Gold One International has confirmed its 2011 production guidance at 120,000 gold ounces.

Wits Gold posts loss increase

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Exploration group Witwatersrand Consolidated Resources has increased its interim loss.

SA ‘on right track with mines audit’

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Cleaning up South Africa's scandal-tainted mining sector is no easy task but a six-month government audit of existing mineral licences is a welcome start, says AngloGold CEO Mark Cutifani.

Iron ore trading at half-year highs

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Iron ore prices have steadied near six-month highs, supported by fewer Indian supplies and demand from Chinese steel mills.

Gold One allays output fears

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Gold One International, often criticised for tinkering with its forecast figures, will not miss its 120,000oz target in 2011, says CEO Neal Froneman.

Union wants Sars to probe Aurora

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Trade union Solidarity has asked the South African Revenue Service to investigate alleged mismanagement of funds by Aurora Empowerment Systems.

Randgold’s Bristow makes Africa pledge

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Randgold Resources has no plans to change its Africa-focused business model and is not tempted by the lure of South American deposits, says its CEO.

Rio triples 2011 capex

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Global miner Rio Tinto is to increase its capital spending to $11bn in 2011 as it expands its lucrative iron ore mines.

Mvela soars after Khumama victory

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Shares in Mvela Resources have jumped more than 6% after the miner won a case against former shareholder Khumama Platinum.

Court delays community bid against AngloPlat

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An urgent application by a rural Limpopo community to stop Anglo Platinum's Mogalakwena mine from dumping waste into a tailings dam has been postponed indefinitely.