Gulf of Mexico oil spill continues to batter BP
The Gulf of Mexico oil spill involving British petroleum giant BP continues to dig into the company's pockets having cost about $8bn since April.
New iron ore mine to debut on JSE
The Australian entrepreneur Ed Nealon, who set up the Kroondal platinum mine, plans a new iron ore mine in Limpopo which will be listed in SA.
Namdeb Diamond Corp returns to profitabililty
Namdeb Diamond Corporation (Namdeb) on Friday reported a return to profitability in the first half, with a profit before tax of N$719m for the six months ended June 2010 after a loss of N$685m in H1 2009.
Keaton stakes claim with Mpuma project
Keaton Energy is confident its first large coal mining project, Vanggatfontein in Mpumalanga, will be a major supplier of A-grade coal in the local market.
Xstrata in ‘deal of the century’
Xstrata has signed a deal with Peru giving it rights to start building its $4.2bn Las Bambas copper mine.
Gold One under pressure
Gold One’s share price is being held back by production problems as well as the finalisation of a $65m debt facility, says CEO Neal Froneman.
Strike looms at Northam
More than 8 000 workers at Northam Platinum will go on strike over a pay rise dispute.
Oil slumps 9pct in August
US crude oil prices have posted the first monthly decline since May as concerns about faltering economic growth, weak demand and bulging oil inventories pressured crude and gas.
Diamonds: Zim propelled to the big league
Zimbabwe may soon surpass top diamond producers like Russia, Botswana and SA.
Newcrest paves way for gold deals
Newcrest Mining $8bn-plus acquisition of Lihir Gold is creating a new top-tier of Australian gold producers, which are already being sized up for takeovers.