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Petra buys Finsch for R1.4bn

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Petra Diamonds has bought the Finsch mine from De Beers which will boost the company into the world diamond mining big league producing nearly 3m carats annually.

DRDGold output up 7pct, costs 11pct lower

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DRDGold expects production for the December quarter to be higher, thanks in part to an improved performance at the Blyvoor underground operation.

Chinalco strives to be top five global miner

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Chinalco, China's largest alumina producer, plans to become one of the world's top five miners in the next decade, state media reports.

Silver prices slide to 7-week low

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Silver prices have suffered from a dearth of investment demand and gains in the dollar.

Mineworker dies at Harmony’s Bambanani mine

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A winch operator has died at Harmony Gold's Bambanani mine in the Free State after a ground fall, the National Union of Mineworkers says.

Great Basin’s Burnstone mine up and running

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Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.

Flood crisis knocks BHP Billiton

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The floods in Australia are having an enormous impact on BHP Billiton's coal output, but its iron ore production has hit record levels.

Floods worsen acid water crisis

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The levels of acid mine water in Gauteng are rising quickly because of recent floods and water pollution is spreading, experts warn.

BHP spent $279m on minerals exploration

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BHP Billiton is seeing cost pressure across a broad range of projects.

Rain not affecting deliveries – RBCT

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Richards Bay Coal Terminal says persistent heavy rains have not stopped coal deliveries to the port.