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Sirleaf dismisses cabinet

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Liberian President Ellen Johnson-Sirleaf has dismissed her cabinet in a move that will provide her a "fresh slate" for the next phase of her administration, her office says.

Gold Fields merges Kloof and Driefontein

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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.

KCM uncovers large pink diamond

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Kimberley Consolidated Mining has announced that the subcontractor working on its Bo-Karoo mining site had recovered a 27 carat light pink diamond.

Zimplats suffers revenue drop

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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

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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.

CoAL shares hit dirt

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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.

What it takes to go mining

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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

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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

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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.

Exxaro to cut down workforce

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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.