African Eagle shares oversubscribed
African Eagles resources says a placing of 23.86 million new ordinary shares in London was oversubscribed.
Petra buys Finsch for R1.4bn
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.
Galaxy eyes JSE debut this year
Miner Galaxy Gold says it expects to resolve problems with mining rights and list after the middle the year.
Harmony banks on growth projects
Harmony Gold says a shaft accident at one its mines is likely to affect production but growth products will contribute to output.
DRDGold output up 7pct, costs 11pct lower
DRDGold expects production for the December quarter to be higher, thanks in part to an improved performance at the Blyvoor underground operation.
Flood crisis knocks BHP Billiton
The floods in Australia are having an enormous impact on BHP Billiton's coal output, but its iron ore production has hit record levels.
Floods worsen acid water crisis
The levels of acid mine water in Gauteng are rising quickly because of recent floods and water pollution is spreading, experts warn.
Silver prices slide to 7-week low
Silver prices have suffered from a dearth of investment demand and gains in the dollar.
BHP spent $279m on minerals exploration
BHP Billiton is seeing cost pressure across a broad range of projects.
Mineworker dies at Harmony’s Bambanani mine
A winch operator has died at Harmony Gold's Bambanani mine in the Free State after a ground fall, the National Union of Mineworkers says.