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Harmony warns over output drop

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Harmony Gold Mining says gold production for the September 2010 quarter is likely to be in the order of 3% lower than the previous period.

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.

Sasol Mining concludes BEE deal

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Sasol Mining has completed the Ixia Coal transaction, as part of the company's empowerment strategy, with WIPCoal Investments as the majority partner.

SA firm plans $300m pig iron project

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South Africa Metals Equity plans a new plant which may produce about 500 000 tonnes per annum of pig iron.

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.

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.

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.

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.

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.