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Majali found dead in hotel room – report

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BUSINESS mogul Sandile Majali has been found dead at the Sandton Quatermain Hotel, reports Moneyweb.

White Water posts interim loss

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White Water Resources says it will continue to reduce the operational costs of the group.

All that glistens isn’t gold

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Humble silver, copper and some other commodities kicked dust in the eyes of the gold bulls in 2010.

Ivory Coast, Loulo hit Randgold output

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Randgold Resources says its fourth-quarter production will be negatively hit by the impact of the political tension in Ivory Coast and a below-target contribution from its Loulo project in Mali.

Still time to buy SA gold shares

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South African gold shares are a buy despite the strong rand and continued steep increases in mines’ working costs.

Rio Tinto goes for Riversdale

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Rio Tinto is bidding for Riversdale Mining and has already secured options over 14.9% of the firm, but it could face stiff opposition from India's Tata Steel.

Chile to sell utilities stakes, help Codelco

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Chile will sell its stakes in four water utilities, valued at $1.6bn, and may use the proceeds to help finance investments in state mining giant Codelco, says a government official.

Shaft Sinkers lists in London

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SA-based Shaft Sinkers Holdings, which builds infrastructure for underground mines, has listed in London so it can expand in India and the region surrounding Russia.

Copper soars to record on ETF buys

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Copper prices have charged to an all-time high as shipment delays and robust prospects further fuelled demand from investors, who have started buying into a new exchange fund.

Strike, stoppages cane Northam earnings

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Northam Platinum says safety related stoppages and a prolonged strike at the beginning of its financial year will hit the group's interim earnings by between 58% and 74%.