Rossing South updated resource due Q3 2010
Uranium mine development and exploration company Extract Resources says it expects to release an updated resource estimate on its Rossing South project in the third quarter of 2010.
Village progressing in acquisition of Lesego
Village Main Reef Gold Mining has concluded binding agreements with additional shareholders in Lesego Platinum that together own 76.6% of the project's inferred resource for a total purchase consideration of R506.8m.
Copper price up on Chinese import data
Copper prices rise on data showing stronger-than-expected Chinese imports of the metal, quelling some concerns that demand might be softening in the world's top base metals consumer.
Smokey Hills underground ops restarted
Platinum Australia, the Australian exploration firm developing platinum projects in South Africa, says that underground mining operations have recommenced at the Smokey Hills Mine.
Phiri to head new platinum firm
Merafe Resources CEO Steve Phiri will step down at the end of March to become CEO of Royal Bafokeng Holdings' (RBH) new platinum company.
Xstrata to sell SA mines
Mining group Xstrata plans to sell its highest-cost thermal coal mines in SA, industry sources say.
Glencore exercises Prodeco coal option
Global diversified miner Xstrata, which has alloys, coal and platinum operations in South Africa, says it has received formal notification from Glencore International informing its of Glencore's exercise of its option to acquire the Prodeco coal operations.
Anglo donates to reconstruct Chile
Global resources giant Anglo American has donated $10m which will be allocated to projects to rebuild houses and schools and implement emergency water and electricity services following the devastating earthquake in Chile.
Platinum Aus. to resume mining next week
Platinum Australia says this week's strike should be over by Monday as a contractor grapples with its workers. The platinum junior's shares have taken a smack.
Quake copper losses minimal
Mining giant Anglo American said its operations lost less than 1 500 tonnes of copper during the stoppage of its Chilean operations after Saturday's earthquake.