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.
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.
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.
Market values RBPlat at R9.9bn
Royal Bafokeng Platinum has priced its initial public offering at the middle of its range, raising R2.9bn, which hands the group an effective price tag of R9.9bn.
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'.
African Diamonds, Lucara to proceed with AK6
African Diamonds and its joint venture partner Lucara Diamond Corp says they have decided to proceed with the development and construction of the AK6 diamond project in Botswana.