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Exxaro expects profit to double

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Exxaro Resources says its full-year profit has likely doubled as the global economic recovery pushed commodity prices higher.

Implats boosts earnings and dividend

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Impala Platinum cashed in on rising platinum group metal prices during the six months to end-December, with increases in production from its Rustenburg and Zimplats operations.

Implats still keen on RBPlat

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Impala Platinum has not given up on acquiring Royal Bafokeng Platinum, despite being blocked by rival Anglo Platinum in October to the fury of the Royal Bafokeng.

BHP goes on $80bn expansion spree

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BHP Billiton plans to pour $80bn into expansions and return cash to investors rather than chase takeovers, after nearly doubling its first-half profit.

Public enterprises to house state miner

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The state-owned mining company that will spearhead the government's foray into the mining sector will be located in the department of public enterprises, says ANC secretary-general Gwede Mantashe.

Australia mining tax to in $60bn less

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Australia will collect an estimated A$60bn less in a new mining tax over the next decade than originally predicted, according to the Sydney Morning Herald.

Acid water report reaches cabinet

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A report on how to tackle the threat of rising underground acid mine water will be discussed by cabinet this week, says Water Affairs Minister Edna Molewa.

Aurora threatened with liquidation

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Solidarity has warned that it may move to liquidate Aurora Empowerment Systems.

African Barrick beats expectations

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African Barrick Gold reported better-than-expected results for the full year as higher gold prices outweighed a decline in production.

Zim to nationalise mines, Chinese firm spared

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Zimbabwe will proceed with plans to take majority stakes in foreign-owned diamond mines in the east of the country but will spare a Chinese-owned mine from a state takeover.