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Village acquires gold and antimony mine

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Village Main Reef announced has agreed to purchase 74% of Consolidated Murchison mine from To The Point Growth Specialists for R30m.

Northam loses R250m so far due to strike

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Northam Platinum is counting the cost of a lengthy strike, while striking employees have lost approximately R60m in wages and benefits.

CoAL’s Mooiplaats woes mount

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Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.

Rio, BHP iron ore deal still alive

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Mining giant Rio Tinto has denied making any "final decisions" on its controversial iron ore merger with BHP Billiton, as the massive deal appears on the brink of collapse.

Ditch gold for shares, says expert

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As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.

Gold Fields expects boom to persist

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Gold Fields, the world's fourth-largest listed gold miner, sees strong fundamentals for the sector, although rising electricity prices and currency exchange rates may form strong headwinds.

Platinum may jump 60%, predict analysts

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Platinum was tipped by two leading investment bank analysts to be among the strongest performing commodities in the coming months, while warning of the potential for a significant setback for gold.

De Beers ups output as demand picks up

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Diamond producer De Beers expects to boost production in SA by nearly 50% this year as global demand recovers, but has abandoned efforts to mine gems in coastal waters.

NUM bemoans spat of mine fatalities

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The National Union of Mineworkers has reported a fatality at Harmony Gold Mining's Tshepong Mine in the Free State.

Num considering Northam’s improved wage offer

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National Union of Mineworkers on Tuesday said that Northam Platinum has made an improved wage offer, which it was taking to its members.