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BHP earnings set to jump 50pct

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BHP Billiton looks to strengthen its hand this week in its $39bn bid for Canadian fertiliser group Potash Corp as second half earnings are expected to rise 50%.

ARM expects headline earnings to fall

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African Rainbow Minerals expects earnings per share for the 12 months ended June 30 to fall to 785 and 825 cents per share from 1.094 cent per share .

Concourt to rule on mine indemnity law

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South Africa's Constitutional Court will soon reach a decision on the special indemnity enjoyed by South African mines regarding the incurable lung diseases.

NUM and Implats settle wage dispute

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The National Union of Mineworkers has signed a wage deal with Impala Platinum over the weekend.

Wesizwe Pt secures R91m funding

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Wesizwe Platinum said it had finalised funding of R91m for ongoing construction of its R6.6bn Frischgewaagd-Ledig Project.

AngloGold inks deal for 51pct of gold project

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Horizonte Minerals, the AIM-listed exploration and development company focused on mineral projects in Brazil, has announced that it signed a R32.7m earn-in agreement with AngloGold Ashanti.

Aurora concedes $2m funds “not enough”

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Aurora Empowerment Systems acknowledged that the $2m it received in interim funds from Switzerland's Global Emerging Markets was insufficient to pay mine costs for more than a month.

Arcelor investigation a condition of acquisition

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ArcelorMittal South Africa, the South African arm of the world's largest steel maker, says an investigation into Imperial Crown Trading was one of the conditions it set for the R800m acquisition of the company.

Pan African ties future to New Hope

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Fresh from its running battles with illegal miners, management at Pan African Gold believes its New Hope reef - in the oldest and largest of its three mines - can help lift output a quarter.

NUM wage deal with Implats on the horizon

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The National Union of Mineworkers says it could sign a new wage deal with Impala Platinum as early as Saturday after ironing out some issues over pension and housing allowances.