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Sacci to tackle acid mine drainage

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The SA Chamber of Commerce and Industry has established a working group on acid mine drainage and other water issues, according to a report.

Hillside strike continues

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About a third of workers at BHP Billiton's Hillside aluminium smelter in Richards Bay are involved in an ongoing strike, says the company.

Xstrata shrugs off Australia tax threat

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Xstrata is confident disagreement over future exposure to a proposed mining tax in Australia will not jeopardise around $3bn in new coal mine investments, says a senior company executive.

Xstrata seeks new chair

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Xstrata is considering replacing chairperson Willy Strothotte, reports Sky News.

One for the brave

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Investors have given Platfields an overwhelming thumbs down after its debut on the JSE, despite the optimistic outlook of CEO Bongani Mbindwane.

Rio mulls more Alcan asset sales

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Rio Tinto may sell some aluminium smelters and refineries with limited growth potential, and is considering a major capital investment at its Alcan unit, according to a report.

Petra ups Koffiefontein stake

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Petra Diamonds has increased its effective interest in its Koffiefontein mine from 70% to 74%.

Bengwenyama challenged on land claims

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A community has claimed the Bengwenyama-Ya-Maswati misled the Constitutional Court over the ownership of land on which Genorah Resources’ prospecting rights were set aside.

Copper to outperform base metals – Goldman

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Metals prices will diverge to follow their own fundamentals during 2011 as emerging market economies drive ahead and demand recovers in developed nations, says Goldman Sachs.

African Eagle starts to soar

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The share price of African Eagle Resources has taken off, as institutions are seemingly buying management's story that the company found a world class nickel deposit in Tanzania.