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BlackRock bullish on copper, iron ore

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BlackRock Inc, the world's largest money manager, is overweight copper and also favours iron ore, says the firm's resources-division chief.

Trans Hex shares hit gravel

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Shares in diamond miner Trans Hex have plummeted almost 9% following an unfavourable interim trading update.

SA faces power crunch from next year

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Power supply over the next five years is going to be tighter than previously expected with 2012 shaping up as the year when it will be most constrained, according to Eskom.

ICT, state miner in Vaal licence swoop

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Imperial Crown Trading and state-owned African Exploration, Mining and Finance Corporation have acquired several prospecting licences along the banks of the Vaal River.

First weekly gold decline in three months

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Gold has recorded its first weekly decline in nearly three months, with investors keeping an eye on any statements from the G20 meeting.

Sandi Majali granted bail

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UPDATED: Alleged corporate hijacker Sandile Majali has been released on bail after an urgent application was lodged in the Johannesburg High Court, says his lawyer.

Don’t trust gold shares

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For many years - perhaps forever and currently too - investors have believed the prices of gold shares will outperform the gold price itself, even if the latter increases.

Lower earnings for SA gold mines

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September quarter results from the main South African gold producers will be down on levels reported for the June quarter, because of cost increases and the impact of the strong rand.

Mine water report kept under wraps

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A government-appointed team of experts has completed a report on acid mine drainage, but the document will not be made public yet, officials say.

Harmony gets nod for Wafi-Golpu

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Harmony Gold has obtained approval to start developing its Wafi-Golpu gold project in Papua New Guinea.