NZ Oil and Gas shares fall 30%
Shares in New Zealand Oil and Gas, part owner of Pike River Coal, plummeted 30% as the stock resumed trading four days after a mine explosion left 29 men missing.
Eastplats secures R2.1bn equity financing
Eastern Platinum has filed a preliminary short form prospectus in connection with a public offering of common shares to raise approximately C$300m.
Acid drainage proposals out soon
A task team of experts considering proposals to counter an imminent acid mine water crisis in the Witwatersrand will have a report ready by the end of the week.
Gold steady on renewed Ireland worries
Gold is being supported by safe-haven demand, spurred by renewed worries over Ireland's political stability.
Anglo to sell Callide coal mine
Anglo American plans to divest its Callide coal mine in Australia to better focus on high-margin export operations, says the group
DRC sacks state miner execs
Democratic Republic of Congo has replaced the leadership of state mining company Gecamines due to management deficiencies and its failure to make the most of rising metals prices, officials say.
Chamber of Mines goes to court over levy hike
The Chamber of Mines is taking legal action to prevent increase levies for the Compensation Fund.
South Deep strike over
The strike at Gold Fields’ South Deep mine has come to an end, with both employer and union claiming victory on disputed issues.
Afri-Can secures Namibian property
Canadian-listed marine diamond explorer Afri-Can has acquired an 800-square kilometre exploration block on Namibia's south coast, close to the mouth of the Orange River.
Simmers surges as output doubles
Shares in Simmer & Jack Mines have raced up 4.4%, after the group reported a 108% quarterly production increase.