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BHP starts aggressive bid for Potash Corp

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-- Anglo-Australian mining giant BHP Billiton launched a a hostile takeover bid on Wednesday for Canada's Potash Corp which values the world's...

Tawana sells Kareevlei Diamond Project

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Diamond mining junior Tawana Resources has agreed to sell its Kareevlei Diamond Project to Rolatseng Mining for R25m.

DiamondCorp loss widens

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DiamondCorp, a southern Africa focussed diamond mine development and exploration company, reports the widening of its first half net loss to £1.6m

Aurora’s Grootvlei to get capital injection

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Liquidator Enver Motala confirmed Aurora Empowerment Systems had received a sum of money to pay salaries at its mines and other basic services, but declined to divulge the actual amount.

CRG completes trial mining

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Central Rand Gold has finally completed its trial mining phase but the share price remains bombed out as the company faces up to the flooding threat and looks to achieve sustainable production.

Zungu flies to defence of ICT deal

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Mining enterpreneur Sandile Zungu urged South Africans to celebrate his empowerment deal with ArcelorMittal SA which sees the steelmaker buy the controversial Imperial Crown Trading.

No arrests made after Aurora shootout

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-- THERE have been no arrests made for the killing of four "illegal" miners at Aurora Empowerment Systems' Grootvlei mine, according to the...

Optimum coal earnings expected to jump

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Optimum Coal says it expects its full year earnings per share and headline earnings per share to be more than 20% lower than for the previous financial year.

Harmony bullish despite Q4 headline loss

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Harmony Gold reported a fourth-quarter headline loss of 6c per share, but was bullish on the gold price and output for the group's next financial year.

Aurora kept waiting for R50m funds

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Aurora Empowerment Systems said it had no word yet on the R50m interim funds expected from Swiss investment group, Global Emerging markets.