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BHP Billiton in $3bn Liberian iron deal

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Resources giant BHP Billiton has increased its drive for African iron ore, which will lessen its reliance on Australian mineral stores in the longer term.

Bakubung used funds for microlender

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About half of the R700m raised as the Bakubung nation's Wesizwe Platinum shares was invested in microlender Mafori Capital, it has been confirmed.

NUM gets wage rise from Transhex

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The National Union of Mineworkers has secured wage increases of between 9% and 10% for its members at diamond company Trans Hex.

Simmers decides on rights offer soon

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Junior gold producer Simmer & Jack Mines says it will make a decision regarding its funding options within two weeks.

Simmers shares on the rebound

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Simmer and Jack stock recovered from near 12-month lows on Thursday, after its board clarified an alternative financial structure to the proposed R360m rights offer.

African Diamonds has hopes for Botswana

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Diamond exploration company African Diamonds expects the AK6 diamond mine in Botswana to come on stream in the third quarter of 2011.

NUM to hand demands to Pamodzi liquidators

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Mineworkers affected by the collapse of Aurora Empowerment System's financing plan to hand over a list of demands to the Pamodzi Gold liquidators.

Chinese make a bid for Aurora gold mines

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An unspecified Chinese consortium makes a bid for two liquidated gold mines currently managed by Aurora Empowerment Systems, but secrecy shrouds the offer.

Harmony to scrap Nasdaq listing

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Gold miner Harmony will terminate the listing of its American Depository Receipts on the Nasdaq bourse.

Metorex Ruashi plant back on stream

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Metorex, the base metals mining group, says a planned shutdown to carry out essential maintenance at the Ruashi Mine in Congo (DRC) had been completed.