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Rockwell needs yet more funds

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Rockwell shareholders are unlikely to take kindly to the news that the junior diamond producer needs to find up to another C$9.3m barely a year after it raised C$17m.

Coking coal may hit $500 a tonne:analysts

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Spreading floods in Australia, which produces half the world's coking coal, may push prices even higher say analysts.

Steel price hike announced

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THE base list price of all general flat and long steel products will increase from February, says ArcelorMittal SA.

Tata to keep Riversdale stake

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India's Tata Steel says it will not let go of its holding in Mozambique-focused Riversdale Mining, calling it a strategic stake.

DRDGold hints at demerger plan

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DRDGold has given strongest evidence yet it wants to resuscitate its gold marginality which was famed, especially among the US retail market, for windfall profits in times of gold price gains.

Kumba livid over new ICT application

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Kumba Iron Ore has accused the department of mineral resources of acting unlawfully and maliciously for accepting a mining rights application from ICT over Sishen mine.

Platfields boss rues share meltdown

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The share price woes of Platfields, barely a month into its life as a public company, is difficult to fathom and will imperil its planned shares for cash capital raising, says CEO Bongani Mbindwane.

India weighs Riversdale bid

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An Indian consortium of five state-run firms will meet next week to decide on a counter offer for Riversdale Mining.

GFMS: Gold may reach $1 600

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Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.

Coal railings back to normal, says Transnet

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Transnet Freight Rail says its coal line service is back to normal, adding that its catch-up in clearing the backlog of coal railings remains on track.