Gold Fields merges Kloof and Driefontein
Gold Fields has merged its flagship Kloof and Driefontein mines, shedding 115 top management jobs in the process, as it looks to lower costs and improve profit margins.
Diliza: ANCYL puerile and insulting
The head of the Chamber of Mines, Zoli Diliza, has blasted the "crude" ANC Youth League.
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.
Zimplats suffers revenue drop
Impala Platinum's Zimbabwe unit, Zimplats, said on Wednesday its revenue had dipped 5% dip in the third quarter due to lower metal prices and sales volumes.
Competing bid likely for Wesizwe Platinum
RBC Capital Markets analyst Leon Esterhuizen reckons competition for control of both Wesizwe Platinum and Toronto-listed neighbour Platinum Group Metals could easily heat up.
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.
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.
KCM uncovers large pink diamond
Kimberley Consolidated Mining has announced that the subcontractor working on its Bo-Karoo mining site had recovered a 27 carat light pink diamond.
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.