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Germany to block BHP, Rio Tinto JV

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The German Federal Cartel Office intends to prohibit BHP Billiton and Rio Tinto's proposed iron ore production joint venture in Western Australia.

Gold One makes strong case for Megamine

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Gold One International has talked up the potential of its soon-to-be-offloaded Megamine prospecting project, saying data has confirmed the existence of a significant mining target.

Implats bid R20bn for BRPM

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UPDATED: Implats offered to buy the Bafokeng Rasimone Platinum Mine for almost R20bn before the deal was scuppered by AngloPlat, says a Royal Bafokeng executive.

Rio expects demand for African copper to rise

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Africa has the potential to play a significant part in satisfying what is expected to be strong medium-term growth in global copper demand, Rio Tinto said.

Gold One offloads Megamine in White Water

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Gold One International has confirmed it is to proceed with spin-off plans for Megamine through a reverse acquisition of White Water Resources.

More coal for Eskom’s Majuba power station

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Transnet Freight Rail's transportation of domestic coal from mines in the Mpumalanga province to Eskom's Majuba Power Station has grown by 36% from last year's throughput of 5.8 million tons, it said.

Demand for Kruger rands soars

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Alan Demby, executive chairman of the SA Gold Coin Exchange, said the record high dollar gold price has increasead demand for Kruger rands which have soared to all-time highs over the past few days.

Gold price to consolidate, for now

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Gold prices have edged lower, pressured by a rebound in the dollar, and may enter a phase of consolidation after a record-breaking rally.

RBH flays AngloPlat for vetoing deal

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Royal Bafokeng Holdings has sharply criticised AngloPlat for blocking the sale of Bafokeng Rasimone Platinum Mine, saying the major's conduct is indicative of a "tick the box" compliance mentality.

Forsaken mines to receive R40bn repair

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Rehabilitating South Africa's 6 000 derelict and ownerless mines will take 28 years to complete at a cost of R40bn, parliament hears.