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DRDGold to spin out Blyvoor

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DRDGold is to separate its Blyvooruitzicht underground mine from its low cost and low risk Ergo surface operations and use Blyvoor to get involved in the further consolidation of the SA gold sector.

Commodity rush propels Kumba earnings

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A surge in iron ore export prices and sales volumes assisted Kumba Iron Ore to more than double its headline earnings during the 2010 financial year.

Zim mine fees rocket 2 000%

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Zimbabwe has hiked mining exploration fees to $1m in a bid to curb speculation.

Kumba drags Amsa into court battle

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Kumba Iron Ore has added ArcelorMittal SA as a respondent in its high court bid for the reversal of the 21.4% prospecting right over Sishen mine awarded to ICT.

Zuma speech raises nationalisation fears

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Critics are concerned that SA has shifted closer to nationalising its mines following President Jacob Zuma's State of the Nation speech.

Malema triumphant over Zuma speech

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ANC Youth League President Julius Malema says President Jacob Zuma's State of the Nation speech shows nationalisation is here to stay - and that the minister of mineral resources must take note.

Zuma: Beneficiation strategy a priority

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Adopting a mineral beneficiation strategy is a government priority, President Jacob Zuma has said in his State of the Nation address.

Aquarius profit soars as prices rise

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Aquarius Platinum says first-half net profit soared on the back of higher precious metals prices and increased production.

Shabangu ‘doesn’t answer to ANCYL’

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Mineral Resources Minister Susan Shabangu did not need to report back to the ANC Youth League about her position against the nationalisation of mines, her spokesperson says.

ICT buyout not a given: Amsa

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ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.