Gold unfazed over elections
The outcome of US mid-term elections will not have any direct impact on gold, but it may be positive for the dollar on hopes for more fiscal austerity.
KCM uncovers large pink diamond
Kimberley Consolidated Mining has announced that the subcontractor working on its Bo-Karoo mining site had recovered a 27 carat light pink diamond.
Zimplats suffers revenue drop
Impala Platinum's Zimbabwe unit, Zimplats, said on Wednesday its revenue had dipped 5% dip in the third quarter due to lower metal prices and sales volumes.
Competing bid likely for Wesizwe Platinum
RBC Capital Markets analyst Leon Esterhuizen reckons competition for control of both Wesizwe Platinum and Toronto-listed neighbour Platinum Group Metals could easily heat up.
CoAL shares hit dirt
Coal of Africa's shares have slumped nearly 16% after it received an order from provincial authorities to address environmental concerns at its Mooiplaats colliery.
What it takes to go mining
Royal Bafokeng Platinum's pre-listing statement lays out chapter and verse the hassles of mining in South Africa.
Canada to impose tough terms on BHP
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.
Chamber of Mines elects new office bearers
The Chamber of Mines has elected BHP Billiton SA chairperson Xolani Mkhwanazi as its new president.
Nationalisation ‘will cost taxpayers’
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
UPDATED: The department of mineral resources says preliminary findings of an audit into prospecting licences are "not encouraging'.