African Barrick beats expectations
African Barrick Gold reported better-than-expected results for the full year as higher gold prices outweighed a decline in production.
BHP goes on $80bn expansion spree
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
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.
BHP backers pin hopes on further buybacks
BHP Billiton is expected to nearly double its first-half profit to a record, with investors focused on the group's strategy for its bulging cash pile.
Weather prompts another force majeure
Xstrata has declared force majeure at its Ulan thermal coal mine in Australia's New South Wales state due to heavy rains, the company says.
Sallies reopens Witkop mine
Sallies is starting up production again from its Witkop fluorspar mine in response to improving market conditions and the weakening of the rand against the dollar.
Junior miners tout beneficiation
Plans by government to speed up beneficiation are a step in the right direction which will help to grow the economy and create much-needed jobs, say junior miners.
Keaton Energy bags Leeuw Mining
Keaton Energy has taken over a KwaZulu-Natal based coal producer Leeuw Mining in a deal which gives it direct access to the export market and ownership of new projects.
De Beers upbeat on consumer demand
The all-important consumer side of the diamond business came back to life during 2010, according to De Beers, which predicts rising retail demand for diamonds this year.
Mine nationalisation ‘to be resolved in 2012 only’
The issue of the nationalisation of SA's mining sector will only be decided at the ANC's policy conference in 2012, according to Deputy Mineral Resources Minister Godfrey Oliphant.