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Merafe, Xstrata to build R1bn chrome plant

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The Xstrata/Merafe chrome joint venture will invest about R1bn in a new chrome pelletising plant to be built at the group's Rustenburg ferrochrome smelter.

Merafe bursts back into profit

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A one third improvement in ferrochrome prices have helped Merafe Resources back into a first half profit.

Kinross enters Africa in $7bn deal

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Kinross has bid $7bn in paper for Red Back Mining in a proposal that gives the Canadian firm access to gold mines in Ghana and Mauritania.

SA gold mines looking good

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The June quarterly reporting season kicks off on Thursday and analyst expectations are high for better numbers all round from the SA gold miners.

“Difficult quarter” for Randgold’s Loulo

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Randgold Resources has revised downwards its production guidance from its Loulo mine in Mali following a quarter the group described as "difficult".

Copper recovery to boost Zambia

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Recovering copper prices will boost Zambia's economy, says Imara Africa Securities.

The Bakgatla tackle Brian Gilbertson

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The Bakgatla Tribe has taken legal action against Platmin and Barrick Gold over the Sedibelo transaction apparently in an attempt to improve the terms of the deal.

Northam loses 7 000oz in shutdown

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Northam Platinum has resumed operations at its Zondereinde mine, after shutting down a shaft last week due an accident that killed two workers.

Minas Rio costs soar to $4.5bn

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The capital cost of Anglo American's Minas Rio iron ore project in Brazil has ballooned out to around $4.5bn mainly because of the impact of permitting delays on the construction schedule.

Petra and Trans Hex to size up Finsch

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Petra Diamonds and Trans Hex look the most obvious contendors to buy the Finsch diamond mine but De Beers could find these negotiations a lot tougher than those over the sale of its Cullinan mine.