Sasol Mining concludes BEE deal
Sasol Mining has completed the Ixia Coal transaction, as part of the company's empowerment strategy, with WIPCoal Investments as the majority partner.
Kazakh firm hopes to jump-start Zim mine
Kazakh mining group ENRC is keen to add platinum to its production portfolio, working to overcome hurdles for its Zimbabwe project.
AngloGold draws line under hedge book
AngloGold Ashanti has completed the elimination of its gold hedge book, reflecting the company's confidence in the likely direction of the gold price.
Harmony warns over output drop
Harmony Gold Mining says gold production for the September 2010 quarter is likely to be in the order of 3% lower than the previous period.
Village acquires gold and antimony mine
Village Main Reef announced has agreed to purchase 74% of Consolidated Murchison mine from To The Point Growth Specialists for R30m.
SA firm plans $300m pig iron project
South Africa Metals Equity plans a new plant which may produce about 500 000 tonnes per annum of pig iron.
Platinum may jump 60%, predict analysts
Platinum was tipped by two leading investment bank analysts to be among the strongest performing commodities in the coming months, while warning of the potential for a significant setback for gold.
CoAL’s Mooiplaats woes mount
Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.
Northam loses R250m so far due to strike
Northam Platinum is counting the cost of a lengthy strike, while striking employees have lost approximately R60m in wages and benefits.
Ditch gold for shares, says expert
As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.