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Village hits paydirt at Lesego

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Village CEO Bernard Swanepoel is excited about the latest borehole results at Lesego Platinum but cautions it's still to early to start drawing conclusions about how they could affect the project.

Rio sets iron ore record, coal hit by floods

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Rio Tinto's iron ore output has reached record levels due to Chinese demand, but coal production suffered from floods in Australia.

Gem gets Gope mining licence

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Gem Diamonds has been awarded a mining licence for the Gope deposit in Botswana's Central Kalahari region and aims to start production in 2013.

Majali case withdrawn

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A case relating to the "hijacking" of a company was formally withdraw in court following the death of businessman Sandile Majali.

Gold and gold shares to rise this year

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The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.

Coal prices drop as fears of supply crunch ease

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Prices of prompt coal cargoes have fallen by around $1.00 a tonne as fears of a severe supply crunch eased, traders and utilities say.

Mining production maintains growth

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Production at SA's mines continued to grow with output in November increasing by 9.6% compared to October.

China firm wins bid for Tanzanian iron ore mines

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China's Sichuan Hongda will invest $3bn in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation says.

Coking coal may hit $500 a tonne:analysts

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Spreading floods in Australia, which produces half the world's coking coal, may push prices even higher say analysts.

Rockwell needs yet more funds

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Rockwell shareholders are unlikely to take kindly to the news that the junior diamond producer needs to find up to another C$9.3m barely a year after it raised C$17m.