Rio Tinto in overdrive on commodities surge
Rio Tinto has maintained its 2010 production guidance for iron ore, and says it is driving all its divisions near or above capacity to cash in on strong mineral prices.
Germany to block BHP, Rio Tinto JV
The German Federal Cartel Office intends to prohibit BHP Billiton and Rio Tinto's proposed iron ore production joint venture in Western Australia.
Harmony sees gold at $1,500/oz in 2011
Harmony Gold, the world's fifth-largest gold miner, expects gold to rise further this year and trade at around $1 500 an ounce in 2011.
Silver shines as growth outpaces gold
Long called "the poor man's gold", silver is likely to outperform its pricey counterpart this year, a trend that makes it an attractive option for investors looking to diversify their portfolios.
What’s Samda playing at?
Samda has recently got right up the noses of both the Chamber of Mines and the department of mineral resources for its stance on nationalisation and empowerment.
Gold One makes strong case for Megamine
Gold One International has talked up the potential of its soon-to-be-offloaded Megamine prospecting project, saying data has confirmed the existence of a significant mining target.
Implats bid R20bn for BRPM
UPDATED: Implats offered to buy the Bafokeng Rasimone Platinum Mine for almost R20bn before the deal was scuppered by AngloPlat, says a Royal Bafokeng executive.
More coal for Eskom’s Majuba power station
Transnet Freight Rail's transportation of domestic coal from mines in the Mpumalanga province to Eskom's Majuba Power Station has grown by 36% from last year's throughput of 5.8 million tons, it said.
Gold One offloads Megamine in White Water
Gold One International has confirmed it is to proceed with spin-off plans for Megamine through a reverse acquisition of White Water Resources.
Demand for Kruger rands soars
Alan Demby, executive chairman of the SA Gold Coin Exchange, said the record high dollar gold price has increasead demand for Kruger rands which have soared to all-time highs over the past few days.