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Jubilee’s ConRoast operational early 2011

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JSE and AIM-listed Jubilee Platinum says its new ConRoast commercial facility is on track to commence smelting in the second quarter of 2011.

Motsepe coins it

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Africa Rainbow Minerals chairperson Patrice Motsepe earned almost 74% more during the group's 2010 financial year than in 2009, according to the company's annual report.

AngloGold net C$70m from B2Gold share sales

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AngloGold Ashanti has realised net proceeds of C$70m from the sale of its entire holding in Vancouver-based gold producer B2Gold Corporation.

Indian firm takes over Zim steelmaker

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India's Essar Group has won a bid to revive Zimbabwe's collapsed parastatal Zisco steelmaker, following a scramble for the shares of the beleagured firm.

Murray & Roberts to sell off steel unit

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Construction group Murray & Roberts Holdings says it will close or dispose of underperforming units within its steel business.

Court to rule on Potash-BHP suit

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A US court will rule on Potash Corp's request for a preliminary injunction against unsolicited suitor BHP Billiton, ahead of the November 18 deadline on the Anglo-Australian miner's $39bn tender offer.

Merafe sees strong growth in stainless steel

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Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.

Keaton ups Vanggatfontein reserves

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Keaton Energy has declared a 24% increase in the coal reserve of its Mpumalanga-based Vanggatfontein project.

Zimbabwe charges diamond firm ACR with fraud

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Zimbabwe-focused African Consolidated Resources Plc has been charged with fraud and violating the country's precious stones laws, says the company.

Gold stocks on fire

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Gold stocks have rallied on the back of international inflation fears, the record high price of the yellow metal and an attractive rand gold price.