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Optimism grows over Harmony’s PNG bonanza

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An update from Harmony’s Papua New Guinea-based operations underscores their potential to boost a lacklustre share.

Gold skims 10-week low

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Gold has fallen to its lowest price levels in ten weeks, putting the metal on course for its worst monthly performance since 2009 as safe-haven demand evaporates.

Ian Cockerill’s punt on Liberia

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Petmin's investment in an iron ore project in Liberia links it to AIM-listed Hummingbird Resources, with Ian Cockerill chairman of both companies.

Nkwe backtracks over suspension

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Nkwe Platinum is to place the relisting of its ASX-listed shares on the back burner because of continued uncertainty over the group’s hold on key assets.

CoAL lodges Makhado rights application

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Coal of Africa has lodged a new order mining right application for its Makhado coking coal project in Limpopo.

CoAL plans new mines for Limpopo

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Coal of Africa has applied for a mining licence over its Makhado project which is the first of several new mines it would like to build in Limpopo Province.

Bid to liquidate Zuma, Mandela firm

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Trade union Solidarity has submitted an application to the high court for the liquidation of the politically connected Aurora Empowerment Systems.

Rio Tinto closes in on Riversdale

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So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.

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.