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Rio secures more than 49% of Riversdale

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Global miner Rio Tinto says it has beaten its target of acquiring 47% of Riversdale ahead of the deadline for its takeover offer.

Acid water blamed on mine liquidators

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Liquidators of two mines on the East Rand have fought back after being accused of contributing to environmental damage.

Chinese pay top dollar for marginal assets

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A Chinese firm appears to be paying an exorbitant amount for highly marginal gold assets that Harmony was happy to sell last year at a fraction of the price to current owner Taung Gold.

Renewed jitters power gold to new record

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Investors worried by the eurozone debt crisis and turmoil in the Arab world have sought safe-haven gold, pushing its price to a new record high.

DRDGOLD output down, costs climb

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Gold miner DRDGOLD expects its quarterly gold production to be about 3% lower, while costs will be some 6% higher.

China snaps up SA gold firm

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Chinese firm Wing Hing International says it has acquired 87% of Taung Gold in a multi-billion rand deal.

Metorex copper output up 8%

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Metorex increased production despite seasonally high rainfall and the installation of a new modified transformer at Ruashi.

Jubilee to acquire chrome ore company

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Mining exploration and development company Jubilee Platinum has unveiled plans to acquire a firm that treats chrome ore in the platinum-rich western Bushveld.

Evraz Highveld CEO to leave within a week

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Evraz Highveld Steel and Vanadium, SA's second-largest steel producer, says that its CEO has tendered his resignation.

Pallinghurst expects banner year for platinum

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Pallinghurst Resources CEO, Arne Frandsen, says 2011 represents a key period of development for the group's platinum prospect, Platmin.