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Floods worsen acid water crisis

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The levels of acid mine water in Gauteng are rising quickly because of recent floods and water pollution is spreading, experts warn.

BHP spent $279m on minerals exploration

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BHP Billiton is seeing cost pressure across a broad range of projects.

IFM shares slump on grim update

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Ferrochrome producer International Ferro Metals says output has suffered and construction of a retreatment plant by AngloPlat is running behind schedule.

Village hits paydirt at Lesego

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Village CEO Bernard Swanepoel is excited about the latest borehole results at Lesego Platinum but cautions it's still to early to start drawing conclusions about how they could affect the project.

Rain not affecting deliveries – RBCT

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Richards Bay Coal Terminal says persistent heavy rains have not stopped coal deliveries to the port.

Metorex H1 copper output up by 5pct

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Junior miner Metorex says that during the six months ending in December 2010, its copper production increased 5% to 26 358 tonnes, while its cobalt production increased by to 2 021 tonnes.

Gold rises for third straight day

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Spot gold is on course for a third consecutive day of gains, supported by dollar weakness and physical buying, while platinum has hit a 30-month high.

Gold and gold shares to rise this year

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The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.

Gem gets Gope mining licence

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Gem Diamonds has been awarded a mining licence for the Gope deposit in Botswana's Central Kalahari region and aims to start production in 2013.

Coal prices drop as fears of supply crunch ease

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Prices of prompt coal cargoes have fallen by around $1.00 a tonne as fears of a severe supply crunch eased, traders and utilities say.