Concourt to rule on mine indemnity law
South Africa's Constitutional Court will soon reach a decision on the special indemnity enjoyed by South African mines regarding the incurable lung diseases.
AngloGold inks deal for 51pct of gold project
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”
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
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.
ARM expects headline earnings to fall
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 .
NUM and Implats settle wage dispute
The National Union of Mineworkers has signed a wage deal with Impala Platinum over the weekend.
Wesizwe Pt secures R91m funding
Wesizwe Platinum said it had finalised funding of R91m for ongoing construction of its R6.6bn Frischgewaagd-Ledig Project.
Pan African ties future to New Hope
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.
Northam lifts metal output 6.3 percent
Northam Platinum produced a good operating performance in the year ended June lifting output 6.3%, but warned production in the current year would be lower.
Rio, BHP merger talks still on
Rio Tinto, the world's second largest iron ore producer, dismissed claims that a proposal to merge its Australian iron ore operations with that of BHP Billiton was "dead in the water".