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Rio Tinto closes in on Riversdale

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So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.

CoAL lodges Makhado rights application

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Coal of Africa has lodged a new order mining right application for its Makhado coking coal project in Limpopo.

CoAL plans new mines for Limpopo

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Coal of Africa has applied for a mining licence over its Makhado project which is the first of several new mines it would like to build in Limpopo Province.

ANC researching nationalisation – ANCYL

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Research is being conducted by the ANC on how best to take ownership of mines, says the party's youth league.

Acid water rising by 47cm a day

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Gauteng's recent floods have caused an alarming rise in toxic mine water, scientists say.

Gold, platinum syndicate bust

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An illegal syndicate which exported gold and platinum has been broken up and eight people, including two policemen, have been arrested.

African Eagle shares oversubscribed

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African Eagles resources says a placing of 23.86 million new ordinary shares in London was oversubscribed.

Galaxy eyes JSE debut this year

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Miner Galaxy Gold says it expects to resolve problems with mining rights and list after the middle the year.

Petra buys Finsch for R1.4bn

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Petra Diamonds has bought the Finsch mine from De Beers which will boost the company into the world diamond mining big league producing nearly 3m carats annually.

Harmony banks on growth projects

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Harmony Gold says a shaft accident at one its mines is likely to affect production but growth products will contribute to output.