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R&E profit leaps to R792.8m

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Randgold & Exploration, which recently re-listed on the JSE after a five-year absence, has reported a massive jump in first half earnings by posting a profit of R792.8m compared to R11.1m previously.

Strike didn’t hinder coal exports

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Richards Bay Coal Terminal has managed to increase coal exports in July despite the nine-day strike at the world's largest coal terminal.

DRDGold loses patience with AMD claims

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DRDGold believes efforts to make it pay more to treat mine water containing dangerous acids was unconstitutional and that it would fight the matter vigorously.

BSI extends Meyerton factory by further R23m

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AltX-listed steel products stockist, processor, trader and exporter BSI Steel has expanded its R110m distribution and processing centre in Meyerton, Gauteng, at a cost of R12m.

ENRC sees strong growth in Q2 output

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Kazakh miner ENRC, says demand for stainless steel had recovered from last year's downturn, bringing strong growth in the second-quarter output of its two most important products, ferroalloys and iron ore.

China liberalises gold market

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China has given a spur to the gold market by announcing plans to allow more commercial banks in its borders to trade in gold bars.

Naomi Campbell testifies in blood diamond trial

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Naomi Campbell has testified at the war crimes trial of former Liberian leader Charles Taylor, who prosecutors say gave a "blood diamond" to the British supermodel.

Grootvlei to wade into acid water crisis

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Aurora Empowerment Systems says the Grootvlei mine would double its capacity to pump acid mine water, possibly as early as Friday.

Merafe bursts back into profit

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A one third improvement in ferrochrome prices have helped Merafe Resources back into a first half profit.

Merafe, Xstrata to build R1bn chrome plant

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The Xstrata/Merafe chrome joint venture will invest about R1bn in a new chrome pelletising plant to be built at the group's Rustenburg ferrochrome smelter.