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CoAL runs low on available cash

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Coal of Africa is "assessing the various financing alternatives available" as negative cash flows eat into its working capital.

Gold One records maiden profit

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Gold One International has reported a pre-tax annual profit well in excess of most predictions.

BHP, Rio investors want cash, not deals

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Investors have written to BHP Billiton and Rio Tinto to say the miners should ditch ambitions for mega deals in favour of share buyback schemes, according to a report.

Posco, Vale in Mozambique coal JV

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Posco, the world's No.3 steelmaker, says it has agreed with Brazilian group Vale to jointly seek to develop a coal mine in Mozambique.

Govt defends Kumba affidavit claims

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The DMR has justified a tabled affidavit, which reportedly states Kumba Iron Ore has to sell heavily discounted iron ore to Imperial Crown Trading.

Flooding halts Rockwell production

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Rockwell Diamonds says its alluvial mining operations in the Northern Cape have been affected by the recent heavy rainfall and subsequent flooding.

AngloGold shamed at Davos

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AngloGold Ashanti has scooped the unwanted "Public Eye Award" for environmental and social "irresponsibility" on the sidelines of the World Economic Forum.

State fires back over Kumba’s Sishen bid

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The DMR has rejected Kumba Iron Ore’s right application over a portion of Sishen mine because the group submitted a "fraudulent' application, reports Business Day.

Uranium One appoints new CEO

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Uranium One says it has appointed Chris Sattler as the company's new CEO to succeed Jean Nortier.

Lonmin’s furnace woes curb output

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Lonmin says its endless Number One furnace problems may be over, but not before the company’s Achilles’ once again puts a damper on operations.