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Glencore seeks up to $12bn in bumper IPO

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Commodities giant Glencore is taking advantage of a resources boom in a London and Hong Kong offering.

Gold Fields wants more of its Ghana mines

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Gold Fields appears keen to buy the 19% stakes held in its Tarkwa and Damang mines in Ghana by partner Iamgold should Iamgold decide to dispose of those investments.

SA’s gold output down

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Gold production was down in February while total mining output rose, says Statistics SA.

Gold Fields maintains gold reserves

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Gold Field maintained its remaining gold reserves at healthy levels as of the end of December but rising working costs and tougher safety standards have eaten into the group's remaining gold resources.

Shabangu accused of dodging Karoo questions

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Mineral Resources Minister Susan Shabangu has been accused of dodging questions about drill site locations for shale gas exploration in the ecologically sensitive Karoo basin.

Extreme weather hits Rio Tinto output

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Global resources giant Rio Tinto has been hit hard by tropical cyclones and widespread flooding.

Green light for online mines applications

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A new online system for applications for mineral rights will come into effect next week, says the department of mineral resources.

Aurora says it has paid workers

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An Aurora director has told Parliament that most of its workers at the Grootvlei and Orkey mines have been paid.

DMR denies it owes Aurora money

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The department of mineral resources has dismissed claims that it owes Aurora money through a water pumping subsidy.

GFMS CEO turns into a raging gold bull

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Gold bear Paul Walker has undergone a Damascene conversion and become a raging gold bull as Western governments and central banks fail to get their financial acts together.