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Metmar to benefit from investment sale

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Metmar, the commodity trader, said first half earnings would be up to 27% higher after selling an investment.

Aus firm makes Moz discovery

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An Australian mining company says it has discovered deposits in Mozambique of rare minerals with a variety of industrial uses.

Stockpiles will help us through: Kumba

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Stockpiles would help Kumba Iron Ore through next week's strike planned by the National Union of Mineworkers, the company said.

AngloGold expects Obuasi output lift

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AngloGold Ashanti expected its Obuasi mine in Ghana to produce about 400,000 ounces a year from 2012, a 14% uplift.

Petra secures $78m in new loans

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Petra Diamonds will use new debt facilities to finance expansion of the Williamson mine in Tanzania and the Cullinan mine in SA.

Gold party set to continue

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Participants at the London Bullion Market Association annual conference voted that gold would reach at price of $1,406/oz in the coming 12 months.

BHP and Potash Corp battle heats up

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Resources giant BHP Billiton plans to later this week file a motion to have Potash Corporation of Saskatchewan's lawsuit dismissed as the proposed hostile bid heats up.

Harmony mine stays shut after tremor

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Operations at Harmony Gold's Bambanani mine in South Africa has remained suspended after an earth tremor.

Record coal delivery for Transnet

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Transnet is on track to reach its long-term target of delivering 81 million tons per annum to Richards Bay Coal Terminal.

Harmony recovers miner’s body

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Harmony has recovered the body of one of two miners who had gone missing after a tremor at the Bambanani mine, which forced the suspension of operations.