Great Basin’s Burnstone mine up and running
Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.
IFM shares slump on grim update
Ferrochrome producer International Ferro Metals says output has suffered and construction of a retreatment plant by AngloPlat is running behind schedule.
Village hits paydirt at Lesego
Village CEO Bernard Swanepoel is excited about the latest borehole results at Lesego Platinum but cautions it's still to early to start drawing conclusions about how they could affect the project.
Rain not affecting deliveries – RBCT
Richards Bay Coal Terminal says persistent heavy rains have not stopped coal deliveries to the port.
Metorex H1 copper output up by 5pct
Junior miner Metorex says that during the six months ending in December 2010, its copper production increased 5% to 26 358 tonnes, while its cobalt production increased by to 2 021 tonnes.
Gold rises for third straight day
Spot gold is on course for a third consecutive day of gains, supported by dollar weakness and physical buying, while platinum has hit a 30-month high.
Rio sets iron ore record, coal hit by floods
Rio Tinto's iron ore output has reached record levels due to Chinese demand, but coal production suffered from floods in Australia.
Coal prices drop as fears of supply crunch ease
Prices of prompt coal cargoes have fallen by around $1.00 a tonne as fears of a severe supply crunch eased, traders and utilities say.
Majali case withdrawn
A case relating to the "hijacking" of a company was formally withdraw in court following the death of businessman Sandile Majali.
Gold and gold shares to rise this year
The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.