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Galaxy eyes JSE debut this year

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Miner Galaxy Gold says it expects to resolve problems with mining rights and list after the middle the year.

Petra buys Finsch for R1.4bn

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Petra Diamonds has bought the Finsch mine from De Beers which will boost the company into the world diamond mining big league producing nearly 3m carats annually.

Harmony banks on growth projects

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Harmony Gold says a shaft accident at one its mines is likely to affect production but growth products will contribute to output.

African Eagle shares oversubscribed

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African Eagles resources says a placing of 23.86 million new ordinary shares in London was oversubscribed.

DRDGold output up 7pct, costs 11pct lower

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DRDGold expects production for the December quarter to be higher, thanks in part to an improved performance at the Blyvoor underground operation.

Chinalco strives to be top five global miner

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Chinalco, China's largest alumina producer, plans to become one of the world's top five miners in the next decade, state media reports.

Silver prices slide to 7-week low

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Silver prices have suffered from a dearth of investment demand and gains in the dollar.

Mineworker dies at Harmony’s Bambanani mine

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A winch operator has died at Harmony Gold's Bambanani mine in the Free State after a ground fall, the National Union of Mineworkers says.

Great Basin’s Burnstone mine up and running

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Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.

Flood crisis knocks BHP Billiton

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The floods in Australia are having an enormous impact on BHP Billiton's coal output, but its iron ore production has hit record levels.