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Mozambique denies India more coal deals

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Mozambique has denied emerging industrial giant India five more coal concessions, saying the Asian nation should first develop sites where deals have already been struck.

State gears up for mining prosecutions

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The heat is on mining CEOs to make greater strides in safety as the state is soon expected to enforce tougher sanctions, including previously mooted jail sentences.

Floods push coal price to one-year high

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Fresh flooding in top global exporter Australia has added a further $10 to coal prices, driving thermal coal to a year high.

Gold Fields sees flat output figures

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Gold Fields expects 900,000 ounces of gold output in the three months to end-December, the group says.

Northam halts operations following fatality

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Northam Platinum says an employee has died in a tramming accident at its Zondereinde mine.

Xstrata nears Colombian coal miner deal

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Xstrata is close to winning the $8bn auction for Colombia's second-biggest coal miner, reports British newspaper The Sunday Times.

Aurora broker an ex-convict – report

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The middleman in several deals between Chinese companies and Aurora Empowerment Systems director Khulubuse Zuma is a convicted murderer, reports the Mail & Guardian.

Gold One makes up for target misses

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Gold One International has bucked the prevailing negative mood on the JSE after posting positive production figures for its December quarter.

Hostile bids set to rise in 2011

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Hostile takeover bids are likely to multiply in 2011, as companies aggressively look for value despite notable failures and delays in completing recent unsolicited deals.

Eskom pushes for coal regulation

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Eskom CEO Brian Dames has repeated the power utility's call for urgent coal export restrictions, suggesting a formula-based export quota for miners.