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Randgold DRC project ahead of schedule

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International gold mining and exploration company Randgold Resources says construction on its Kibali project in the DRC is six months ahead of schedule.

RBCT workers end wage strike

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Some striking workers at the Richards Bay Coal Terminal have resumed work after accepting a 9.5% wage rise offer by RBCT, a company official says.

Simmers finally takes over Tau Lekoa

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UPDATED - Shares in Simmer & Jack Mines shrugged off a weak initial response to its eventual purchase of Tau Lekoa mine to trade some 18% higher in mid-afternoon trade.

Randgold & Exploration eyes higher H1 earnings

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Randgold & Exploration says earnings per share for the six months ended June 2010 will be between 1 050c and 1 105c per share greater than the comparative unaudited earnings per share of 1c per share for the six months ended June 2009.

Platinum juniors take a beating

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Platinum juniors and explorers are getting battered by current volatile market conditions with Wesizwe Platinum and Platinum Group Metals amongst the worst affected.

Xstrata-Merafe Chrome Venture mining unhindered

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Merafe Resources says on that the Xstrata-Merafe Chrome Venture's mining operations will continue as planned while the company prepares to present its case to the Department of Mineral Resources.

Chrometco s/holders to vote on Rooderand sale

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Chrometco, the exploration and development company, says it will ask its shareholders to vote on the sale of its Rooderand to DCM Chrome for R62m.

Ferro Metals production takes a dip

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International Ferro Metals, the London-listed ferrochrome producer with operations in South Africa, reports a 6% drop in quarter-on-quarter production.

Aquarius shares recover after DMR meeting

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Shares in Aquarius Platinum, the world's fourth-largest platinum producer, have risen more than 15% following the company's reassurances that it had a say in how it improved safety at its mines.

Keaton to supply 16.5mt of coal to Eskom

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Keaton Energy says its 74%-held subsidiary Keaton Mining has concluded negotiations with Eskom to supply 16.5 million tonnes of steam coal from Phase 2 of its new Vanggatfontein Project near Delmas.