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Steel price hike announced

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THE base list price of all general flat and long steel products will increase from February, says ArcelorMittal SA.

Tata to keep Riversdale stake

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India's Tata Steel says it will not let go of its holding in Mozambique-focused Riversdale Mining, calling it a strategic stake.

DRDGold hints at demerger plan

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DRDGold has given strongest evidence yet it wants to resuscitate its gold marginality which was famed, especially among the US retail market, for windfall profits in times of gold price gains.

GFMS: Gold may reach $1 600

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Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.

AngloPlat sees significant profit jump

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Anglo Platinum says its full-year profit has probably risen as much as seven-fold, helped by higher metal prices.

Platfields boss rues share meltdown

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The share price woes of Platfields, barely a month into its life as a public company, is difficult to fathom and will imperil its planned shares for cash capital raising, says CEO Bongani Mbindwane.

Village places shares for Cons Murch

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Village Main Reef will place 10 million shares to fund the planned expansion of Consolidated Murchison.

Flood affected coal line to reopen

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Australia's most flood-affected coal rail line may be reopened as early as next week, says operator QR National.

New twist in Nkwe rights saga

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Nkwe Platinum claims to have won the backing of the Bengwenyama community in a new prospecting application, but the community denies this.

India weighs Riversdale bid

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An Indian consortium of five state-run firms will meet next week to decide on a counter offer for Riversdale Mining.