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Gold One offloads Megamine in White Water

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Gold One International has confirmed it is to proceed with spin-off plans for Megamine through a reverse acquisition of White Water Resources.

Demand for Kruger rands soars

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Alan Demby, executive chairman of the SA Gold Coin Exchange, said the record high dollar gold price has increasead demand for Kruger rands which have soared to all-time highs over the past few days.

Rio expects demand for African copper to rise

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Africa has the potential to play a significant part in satisfying what is expected to be strong medium-term growth in global copper demand, Rio Tinto said.

Forsaken mines to receive R40bn repair

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Rehabilitating South Africa's 6 000 derelict and ownerless mines will take 28 years to complete at a cost of R40bn, parliament hears.

RBH flays AngloPlat for vetoing deal

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Royal Bafokeng Holdings has sharply criticised AngloPlat for blocking the sale of Bafokeng Rasimone Platinum Mine, saying the major's conduct is indicative of a "tick the box" compliance mentality.

Export price declines may sharpen coal shares

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Despite perennial problems, coal mines can be great investments - if you get them at a decent price.

Gold price to consolidate, for now

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Gold prices have edged lower, pressured by a rebound in the dollar, and may enter a phase of consolidation after a record-breaking rally.

Randgold in R310m gold shares payout

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Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.

Northam raises wage offer again

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Northam Platinum has again boosted its pay rise offer to workers to end a strike that had cost some R250m in lost revenue.

Impala likely to revisit RBPlat bid

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Royal Bafokeng Platinum says its listing plans will resume after a failed takeover attempt. Analysts say, however, a new bid is due eventually.