Wits Gold raises R120m for Harmony deal
Wits Gold says it has raised R120m through the issue of new shares, following the acquisition of De Bron and Merriespruit.
Gold One bondholders stay put
Mining junior Gold One International says none of its bondholders has exercised a once-off put option to redeem bonds for cash.
BHP kills Potash bid, revives buyback
BHP Billiton has scrapped its $39bn bid for Potash Corp, and says it will return $4.2bn to investors through a share buyback.
Shabangu exposes mine audit subversion
UPDATED: Mineral Resources Minister Susan Shabangu has cited bribery and intimidation as some of the challenges her department faced in the audit of mining and prospecting licences.
Lonmin pays dividend, sees platinum shortfall
Lonmin, the world's third-biggest platinum producer, has restarted dividends after posting a better-than-expected swing to full-year profit as prices and output recovered.
Nationalisation study gets underway
The ruling ANC will appoint two independent researchers to investigate the nationalisation of mines, says secretary general Gwede Mantashe.
Xstrata refutes Mandela link
Global resources group Xstrata has taken umbrage at insinuations of improper conduct in the sale of its former Maloma operations to Chancellor House.
Mandela’s fugitive son-in-law in coal deal
Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.
Gold falls most since July
GOLD has suffered its biggest fall in four months, tumbling 3% as Chinese rate-hike talk and eurozone debt worries triggered widespread unwinding of risk in commodities.
Anglo sells Scaw assets
Anglo American says it is to sell Scaw Metals properties to Australian steel product manufacturer OneSteel for $932m.