Optimum Coal buys prospecting rights from BHP
Optimum Coal has bought two prospecting rights from BHP Billiton in a move to boost its portfolio.
ANC charges Malema with sowing discord
THE African National Congress has charged controversial youth leader Julius Malema with "sowing divisions" in its ranks and bringing the party into disrepute.
Kumba responds to Sishen right uncertainty
UPDATED: Kumba Iron Ore has drawn a line under any uncertainty over its 78.6% mining right in Sishen, arguing the right is secure in accordance with the MPRDA.
Pan African to spin out Manica
Pan African Resources will list its Manica gold project separately to speed up development while it focusses on growing its core South African businesses.
Gold tops $1,850/oz
Gold has surged more than 1% to a record high above $1,850 an ounce, as investors reach for the safety of bullion amid a worsening economic outlook for the USA.
Record profits for Gem Diamonds
Gem Diamonds earned record profits in the six months to end-June as prices for the top class diamonds it produces from the Letseng and Ellendale mines went through the roof.
Bonanza payout for Exxaro workers
Exxaro Resources mineworkers stand to receive up to R117,000 each in November when the group's first broad-based employee share incentive scheme matures.
Northam battles unit, capital cost hikes
The Booysendal project will now cost R3.9bn in today's money terms forcing the platinum producer, troubled by poor geology and rising costs, to seek additional debt finance.
Chavez to nationalise Venezuelan gold industry
Venezuela will nationalise its gold industry and is moving its international reserves out of Western countries, says President Hugo Chavez.
Exxaro coins it from coal and mineral sands
Coal and heavy mineral sands paid off big-time for Exxaro Resources in the six months to end-June, along with the usual hefty contribution from its stake in Kumba's Sishen iron ore mine.