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Zambia reports sharp rise in copper output

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Copper production in Zambia has risen significantly due to favourable mining conditions, says the country's central bank.

Gold falls most since July

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GOLD has suffered its biggest fall in four months, tumbling 3% as Chinese rate-hike talk and eurozone debt worries triggered widespread unwinding of risk in commodities.

Mandela’s fugitive son-in-law in coal deal

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Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.

Anglo sells Scaw assets

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Anglo American says it is to sell Scaw Metals properties to Australian steel product manufacturer OneSteel for $932m.

John Block mined with forged licence

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Controversial ANC Northern Cape chairperson John Block is a director of a company that for years has mined salt in the Kalahari with a fraudulent mining licence, court records show.

Fitch downgrades Harmony

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Fitch Ratings has lowered its assessment of Harmony Gold, maintaining a negative outlook for future re-ratings because of concerns over the gold producer’s cash holdings.

Num to go ahead with South Deep strike

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Strike action will begin on Friday evening at Gold Field's South Deep mine, says the National Union of Mineworkers.

BHP to face buyback pressure as Potash bid fades

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BHP Billiton's boss is likely to face calls for a massive share buyback when he confronts shareholders in Australia after his third straight failure to pull off a major acquisition.

CoAL staves off Mooiplaats closure

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UPDATED: Shares in CoAL are on the up, after the miner said it had reached an agreement with provincial authorities over environmental concerns at its Mooiplaats colliery.

Euro debt worries weigh on gold

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Gold has suffered a broad retreat, triggered by a stronger dollar, talk about euro zone sovereign debt and speculation China may hike interest rates.