SA firm plans $300m pig iron project
South Africa Metals Equity plans a new plant which may produce about 500 000 tonnes per annum of pig iron.
Kazakh firm hopes to jump-start Zim mine
Kazakh mining group ENRC is keen to add platinum to its production portfolio, working to overcome hurdles for its Zimbabwe project.
Platinum may jump 60%, predict analysts
Platinum was tipped by two leading investment bank analysts to be among the strongest performing commodities in the coming months, while warning of the potential for a significant setback for gold.
Ditch gold for shares, says expert
As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.
De Beers ups output as demand picks up
Diamond producer De Beers expects to boost production in SA by nearly 50% this year as global demand recovers, but has abandoned efforts to mine gems in coastal waters.
Gold Fields expects boom to persist
Gold Fields, the world's fourth-largest listed gold miner, sees strong fundamentals for the sector, although rising electricity prices and currency exchange rates may form strong headwinds.
CoAL’s Mooiplaats woes mount
Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.
Rio, BHP iron ore deal still alive
Mining giant Rio Tinto has denied making any "final decisions" on its controversial iron ore merger with BHP Billiton, as the massive deal appears on the brink of collapse.
Northam loses R250m so far due to strike
Northam Platinum is counting the cost of a lengthy strike, while striking employees have lost approximately R60m in wages and benefits.
DRDGold secures R108m funds for expansion
South African gold miner DRDGold has secured R108m for its R300m pipeline and plant expansion project at its Ergo operation.