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Zim in R21bn steel deal with India

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Lazarus Zim's Afripalm Resources has signed a memorandum of understanding with Steel Authority of India to build a steel mill in South Africa, according to Business Day.

Bright future for SA mining, says Shabangu

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Mining will be a thriving sector within the next decade, according to Mines Minister Susan Shabangu, speaking at the opening of Great Basin Gold's Burnstone mine.

Govt accepts mine drainage advice

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The government says it can prevent rising acid effluent in the Central Basin of the Witwatersrand from reaching environmentally critical levels next year.

Simmers needs more funds

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Simmer and Jack Mines needs to raise around R155m and the company's cash-strapped situation means it cannot participate in the fund raise being carried out by associate First Uranium.

Pan African plans more growth

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Pan African CEO Jan Nelson is sizing up the next round of growth projects, now that the illegal mining problems at Barberton have been dealt with and Phoenix Platinum is under construction.

Tau Lekoa lifts Simmers output

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Simmer & Jack has reported a 34% rise in gold production, accounting for recently acquired Tau Lekoa's full contribution.

More legal action at Ngwenda Gold

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Alleged company hijacker Dennis van Kerrebroeck goes to court on Thursday to present his side of the story on Ngwenda Gold - and it will be very different to Mashudi Nengwenda's version.

Back to reality for Petra

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After spending some time in the limelight following the acquisition of Finsch, it is back to basics for Petra Diamonds after it posted a lacklustre interim performance.

BHP sees high iron ore price for two years

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BHP Billiton's CEO expects iron ore prices to remain strong for as long as two years, and is confident the company's profit margins will remain robust, even as costs escalate.

Gold at 7-week peak amid Middle East unrest

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Gold has risen to a seven-week high as spreading unrest in the Middle East burnished the metal's appeal as a safe-haven asset.