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Jubilee admits buyout talks

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Shares in Jubilee Platinum have soared, following an announcement that the group is in discussions with a possible suitor.

China tightens rare earths grip

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China has further strengthened its hold on the rare earths market, raising taxes on the minerals and banning new projects to produce the metals via separation.

Exxaro seeks bid for zinc assets

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Exxaro has invited bids for its stake in a zinc and lead mine in Namibia and ownership of a refinery in SA in a move to exit the zinc business, says an official.

Central Rand Gold goes back to basics

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Central Rand Gold is experimenting with conventional mining methods in its workings beneath Johannesburg, after insisting until now that mechanised mining is the way to go.

Gold Fields maintains production outlook

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Gold production from Gold Fields shows the traditional drop for the March quarter, but the group is maintaining its forecast for 2011.

Glencore confirms IPO price

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Commodity trader Glencore has confirmed the price of its bumper $11bn market debut at 530 pence, a level it hopes will secure a strong performance on debut.

SA to start nuclear bidding in 2012

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SA needs to start the procurement for its planned nuclear plants next year so it can commission the first 1,600 MW power station by 2023, says a government official.

End-game for SA Gold Inc

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Opinions are heavily devided on whether a major restructuring of what's left of SA's gold mining industry - the much speculated "end-game" - will ever take place.

Seven dead after clashes at Barrick mine

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Clashes between hundreds of villagers and police at a gold mine left seven people dead in northwest Tanzania, the mine's owner African Barrick Gold said.

Impala to miss output target

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Impala Platinum expects to produce 1.82 million ounces of platinum in its financial year that ends in June, down slightly from an original target of 1.85 million.