Xstrata profit up sevenfold on commodities boom
Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.
Mvela surges after Northam offer
Shares in Mvelaphanda Resources have spiked after Northam Platinum said it would acquire it in a deal worth about R982m.
Govt mining firm almost ready to go
A state-owned coal and uranium mining company will be up and running within weeks.
ICT buyout not a given: Amsa
ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.
ArcelorMittal SA back in the black
ArcelorMittal SA has posted a return to full-year profit and expects solid results ahead.
Mine licences revoked after tampering
Licences for mining companies have been revoked and civil servants suspended from their jobs after application information was tampered with, Mines Minister Susan Shabangu says.
Randgold Resources raises dividend
Randgold Resources has increased its annual dividend in a show of confidence by management, despite problems at the Loulo and Tongon mines.
Anglo Platinum resumes dividend payments
Anglo Platinum has resumed dividend payments and also announced its commitment to implement and fund further BEE transactions that could be worth up to R3.8bn.
Harmony starts to deliver
December quarterly results from Harmony contain good news from the operations in both South Africa and Papua New Guinea, where the Wafi/Golpu project continues to grow.