Rio secures more than 49% of Riversdale
Global miner Rio Tinto says it has beaten its target of acquiring 47% of Riversdale ahead of the deadline for its takeover offer.
Chinese pay top dollar for marginal assets
A Chinese firm appears to be paying an exorbitant amount for highly marginal gold assets that Harmony was happy to sell last year at a fraction of the price to current owner Taung Gold.
DRDGOLD output down, costs climb
Gold miner DRDGOLD expects its quarterly gold production to be about 3% lower, while costs will be some 6% higher.
Davies unapologetic about steel stance
Trade and Industry Minister Rob Davies again maintained a tough stand against steel producers, saying the government is unhappy with their prices.
Eskom in talks with Vunene on coal deal
Power utility Eskom say it is in talks with Vunene Mining to secure a five-year coal supply deal for its Camden power station.
China snaps up SA gold firm
Chinese firm Wing Hing International says it has acquired 87% of Taung Gold in a multi-billion rand deal.
Evraz Highveld CEO to leave within a week
Evraz Highveld Steel and Vanadium, SA's second-largest steel producer, says that its CEO has tendered his resignation.
Jubilee to acquire chrome ore company
Mining exploration and development company Jubilee Platinum has unveiled plans to acquire a firm that treats chrome ore in the platinum-rich western Bushveld.
Gold One output jumps 21%
The increase in gold production at Gold One was largely due to development at Modder East.
Pallinghurst expects banner year for platinum
Pallinghurst Resources CEO, Arne Frandsen, says 2011 represents a key period of development for the group's platinum prospect, Platmin.