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Amsa deal unlikely to proceed, say Guptas

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Brothers Ajay and Atul Gupta do not think the Ayigobi black empowerment deal with ArcelorMittal SA - of which they are beneficiaries - will go ahead.

Sasol’s new mines bill tops R8bn

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Sasol has budgeted R8bn in capital expenditure and says its mine replacement programme remains on track to deliver uninterrupted coal supplies to its synfuels division and exports.

Kenya, DRC to probe gold smuggling

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Kenya and the Democratic Republic of Congo have formed a joint team to investigate gold smuggling from eastern Congo.

Grootvlei, Orkney open to offers, says Motala

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Grootvlei and Orkney mines will be sold to anyone with a viable offer, says liquidator Enver Motala, as Aurora Empowerment Systems fails to secure funding guarantees.

Aurora case again postponed

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Aurora Empowerment Systems' Chinese partner and liquidators have been granted yet another extension in the provisional liquidation case involving Pamodzi Gold's two gold mines.

Richards Bay coal exports slump

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Coal exports through the Richards Bay Coal Terminal are running at markedly lower levels than this time last year, despite much higher international coal prices.

Glencore profits jump on commodity prices

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Glencore has posted a 40% jump in 2010 net profit, strengthening its hand for a possible stock market listing that may value it at about $60bn.

SA mining to cough up for crimes – Spoor

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The South African mining industry had under provided for lung-disease related compensation claims, according to independent attorney, Richard Spoor.

Fraser Institute knocks SA’s mining rating

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South Africa has fallen further down the table in the latest ranking of the world's mining destinations by Canada's authoritative Fraser Institute.

Zimplats to proceed with expansion

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Impala Platinum's Zimbabwe unit is committed to a $500m expansion project, but the board will review progress later this year in the wake of government threats to take over foreign firms.