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Canada to impose tough terms on BHP

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Canada is set to approve BHP Billiton's $39bn bid for Potash Corp, a newspaper reports, but it may impose onerous conditions which could threaten the world's biggest deal this year.

Afripalm granted R1.3bn injection

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Nedbank Capital says it has concluded a R1.3bn refinancing deal of Afripalm Resources.

Chamber of Mines elects new office bearers

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The Chamber of Mines has elected BHP Billiton SA chairperson Xolani Mkhwanazi as its new president.

Exxaro to cut down workforce

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Exxaro Resources says up to 300 of its 10,500 workforce faced being retrenched in an effort to reduce costs and improve productivity at the diversified mining group.

Nationalisation ‘will cost taxpayers’

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Nationalised mines would have burdened South African taxpayers with R67bn in 2009, says outgoing Chamber of Mines president and Exxaro Resources CEO Sipho Nkosi.

Prospecting audit shows major breaches

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UPDATED: The department of mineral resources says preliminary findings of an audit into prospecting licences are "not encouraging'.

Harmony off to slow start

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Harmony Gold's ambition of mining 1.7 million oz in its new financial year has hit an early setback as the group reported production figures of 336,650oz for the first quarter.

Exxaro shuts down furnace

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Diversified miner Exxaro will lose 9 000 tonnes per month in slag production after shutting down a furnace at its Kwazulu Natal mineral sands unit following an incident.

Anglo Pt gains on cautionary

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Shares in Anglo Platinum were 3.4% higher on Friday following news its was involved in negotiations that could have a material effect on its share price.

Harmony waiting on PNG bonanza

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Harmony Gold has talked up the billing of its Wafi-Golpu project as the "gold find of the century', but questions remain over the group’s immediate growth prospects.