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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.

DRDGold output up 7pct, costs 11pct lower

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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

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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

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The levels of acid mine water in Gauteng are rising quickly because of recent floods and water pollution is spreading, experts warn.