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Mine licences revoked after tampering

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Licences for mining companies have been revoked and civil servants suspended from their jobs after application information was tampered with, Mines Minister Susan Shabangu says.

Japan plans to invest billions in Africa

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Japan is keen to invest "billions of dollars" in minerals and infrastructure in Africa, trying to catch up with regional rival China.

Bauba asks for JSE suspension

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Newly-listed Bauba Platinum has asked the JSE to suspend its shares after it failed to come to an agreement on assets with vendors.

Mvela surges after Northam offer

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Shares in Mvelaphanda Resources have spiked after Northam Platinum said it would acquire it in a deal worth about R982m.

Xstrata profit up sevenfold on commodities boom

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Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.

Govt mining firm almost ready to go

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A state-owned coal and uranium mining company will be up and running within weeks.

Randgold Resources raises dividend

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Randgold Resources has increased its annual dividend in a show of confidence by management, despite problems at the Loulo and Tongon mines.

Anglo Platinum resumes dividend payments

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Anglo Platinum has resumed dividend payments and also announced its commitment to implement and fund further BEE transactions that could be worth up to R3.8bn.

Trans Hex tender sale nets R141m

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Trans Hex reports on its most recent sales figures.

Harmony starts to deliver

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December quarterly results from Harmony contain good news from the operations in both South Africa and Papua New Guinea, where the Wafi/Golpu project continues to grow.