What it takes to go mining
Royal Bafokeng Platinum's pre-listing statement lays out chapter and verse the hassles of mining in South Africa.
Market values RBPlat at R9.9bn
Royal Bafokeng Platinum has priced its initial public offering at the middle of its range, raising R2.9bn, which hands the group an effective price tag of R9.9bn.
CoAL shares hit dirt
Coal of Africa's shares have slumped nearly 16% after it received an order from provincial authorities to address environmental concerns at its Mooiplaats colliery.
Gold unfazed over elections
The outcome of US mid-term elections will not have any direct impact on gold, but it may be positive for the dollar on hopes for more fiscal austerity.
Afripalm granted R1.3bn injection
Nedbank Capital says it has concluded a R1.3bn refinancing deal of Afripalm Resources.
African Diamonds, Lucara to proceed with AK6
African Diamonds and its joint venture partner Lucara Diamond Corp says they have decided to proceed with the development and construction of the AK6 diamond project in Botswana.
Canada to impose tough terms on BHP
Canada is set to approve BHP Billiton's $39bn bid for Potash Corp, a newspaper reports, but it may impose onerous conditions which could threaten the world's biggest deal this year.
Chamber of Mines elects new office bearers
The Chamber of Mines has elected BHP Billiton SA chairperson Xolani Mkhwanazi as its new president.
Exxaro to cut down workforce
Exxaro Resources says up to 300 of its 10,500 workforce faced being retrenched in an effort to reduce costs and improve productivity at the diversified mining group.
Nationalisation ‘will cost taxpayers’
Nationalised mines would have burdened South African taxpayers with R67bn in 2009, says outgoing Chamber of Mines president and Exxaro Resources CEO Sipho Nkosi.