Village hits paydirt at Lesego
Village CEO Bernard Swanepoel is excited about the latest borehole results at Lesego Platinum but cautions it's still to early to start drawing conclusions about how they could affect the project.
Coal prices drop as fears of supply crunch ease
Prices of prompt coal cargoes have fallen by around $1.00 a tonne as fears of a severe supply crunch eased, traders and utilities say.
Mining production maintains growth
Production at SA's mines continued to grow with output in November increasing by 9.6% compared to October.
Gold and gold shares to rise this year
The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.
China firm wins bid for Tanzanian iron ore mines
China's Sichuan Hongda will invest $3bn in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation says.
Gem gets Gope mining licence
Gem Diamonds has been awarded a mining licence for the Gope deposit in Botswana's Central Kalahari region and aims to start production in 2013.
Rio sets iron ore record, coal hit by floods
Rio Tinto's iron ore output has reached record levels due to Chinese demand, but coal production suffered from floods in Australia.
Majali case withdrawn
A case relating to the "hijacking" of a company was formally withdraw in court following the death of businessman Sandile Majali.
Implats CFO resigns
Impala Platinum has announced the resignation of Dawn Earp as chief financial officer of the group and as an executive rirector of the board with immediate effect.
Sentula raises R740m senior debt facility
Sentula Mining has announced that it has received final credit approval for a facility in the amount of R740m from a consortium of financial institutions to refinance the group's existing senior debt facility and provide liquidity to the group.