Zimplats suffers revenue drop
Impala Platinum's Zimbabwe unit, Zimplats, said on Wednesday its revenue had dipped 5% dip in the third quarter due to lower metal prices and sales volumes.
Competing bid likely for Wesizwe Platinum
RBC Capital Markets analyst Leon Esterhuizen reckons competition for control of both Wesizwe Platinum and Toronto-listed neighbour Platinum Group Metals could easily heat up.
Afripalm granted R1.3bn injection
Nedbank Capital says it has concluded a R1.3bn refinancing deal of Afripalm Resources.
Canada to impose tough terms on BHP
Canada is set to approve BHP Billiton's $39bn bid for Potash Corp, a newspaper reports, but it may impose onerous conditions which could threaten the world's biggest deal this year.
Exxaro to cut down workforce
Exxaro Resources says up to 300 of its 10,500 workforce faced being retrenched in an effort to reduce costs and improve productivity at the diversified mining group.
Chamber of Mines elects new office bearers
The Chamber of Mines has elected BHP Billiton SA chairperson Xolani Mkhwanazi as its new president.
Nationalisation ‘will cost taxpayers’
Nationalised mines would have burdened South African taxpayers with R67bn in 2009, says outgoing Chamber of Mines president and Exxaro Resources CEO Sipho Nkosi.
African Diamonds, Lucara to proceed with AK6
African Diamonds and its joint venture partner Lucara Diamond Corp says they have decided to proceed with the development and construction of the AK6 diamond project in Botswana.
Prospecting audit shows major breaches
UPDATED: The department of mineral resources says preliminary findings of an audit into prospecting licences are "not encouraging'.
Harmony off to slow start
Harmony Gold's ambition of mining 1.7 million oz in its new financial year has hit an early setback as the group reported production figures of 336,650oz for the first quarter.