R/€ = 16.91 Change: 0.14
R/$ = 16.40 Change: -0.07
Au 1803.97 $/oz Change: -4.89
Pt 878.50 $/oz Change: -7.50

Latest Videos

Angloplat deals shake up SA platinum hierarchy 

By: Mariaan Webb     4th September 2007 Platinum giant Anglo Platinum's plans, announced on Tuesday, to sell assets valued at around R10,9-billion in a series of empowerment transactions, would fundamentally change the platinum group-metal (PGM) industry in South Africa, the company said. As a result of the deals, Toronto- and... 

'No intention to leave SA coal market' - BHP Billiton 

By: Matthew Hill     4th September 2007 Mining giant BHP Billiton has 'no intention to leave the South African coal market', BHP Billiton Energy Coal South Africa COO Wayne Isaacs said on Tuesday.  

Eyebrows go up as Arm pays maiden dividend, plans big capex roll-out 

By: Matthew Hill     3rd September 2007 Black-owned diversified miner African Rainbow Minerals (Arm) announced its first dividend payment on Monday, amounting to R315-million. However, a local mining analyst questioned the prudence of the timing of the payout, when viewed in light of the company's planned capital spend of... 

Harmony's a buy at current price, says Motsepe 

By: Martin Creamer     3rd September 2007 The depressed Harmony Gold share price was a clear buy at the current price, African Rainbow Minerals (Arm) chairperson Patrice Motsepe said on Monday. 

Refocused DRDGold a 'whole new kettle of fish' 

By: Matthew Hill     31st August 2007 Embattled gold producer DRDGold, which has almost completely swung its focus to South Africa, said on Friday that it was a very different company and, for the first time in a long while, could set its eyes on 'serious growth options'. 'It's a whole new kettle of fish,'... 

On-The-Air (31/08/2007) 

By: Martin Creamer     31st August 2007 In this broadcast: Norilsk from Russia investment in SA; Rio Tinto investing in Rossing Uranium mine in Namibia; Trillion-rand company in the form of BHP Billiton.  

Implats sees platinum deficit widening further by year-end 

By: Matthew Hill     30th August 2007 The deficit in global platinum supply would widen to some 200 000 oz in 2007, with demand for the white precious metal growing at 3% to 4% a year, number-two producer Impala Platinum (Implats) said on Thursday. 

Podcast - August 29, 2007 

By: Shannon de Ryhove     29th August 2007 In this podcast: BHP Billiton sees Indian demand playing an increasingly important role; Harmony tackles rising costs; and African Eagle joins the AltX 

Claims of huge diamond find met with sceptism by industry insiders 

By: Matthew Hill     28th August 2007 A diamond reportedly twice as big as the Cullinan diamond has allegedly been found in the North West province, but the validity of the claims were questioned by some industry pundits on Tuesday. "If it is a real diamond it's an amazing freak...but it all sounds very strange," James... 

'Definite' uranium mining potential in Randfontein - Harmony 

By: Martin Creamer     27th August 2007 Definite uranium mining potential existed at the company's Randfontein shafts, especially Cooke Three, acting Harmony CEO Graham Briggs said on Monday. 

We'll cut cloth to wallet size, says new acting Harmony CEO 

By: Martin Creamer     27th August 2007 Embattled gold company Harmony would in future be cutting its cloth to its wallet size, new acting CEO Graham Briggs said on Monday. 

On-The-Air (24/08/2007) 

By: Martin Creamer     24th August 2007 In this broadcast: SA's breakthrough in solar-power technology will make its debut in Germany; Billion-rand contract to supply armoured cars; Anglo American buying copper deposits in icy Alaska. 

Metorex could spend up to R1,45bn to restart production at new DRC copper assets 

By: Mariaan Webb     23rd August 2007 The proposed acquisition of Copper Resource Corporation (CRC) would boost diversified miner Metorex' yearly copper output by a further 42 000 t/y from two Democratic Republic of Congo (DRC) mines, CEO Charles Needham said on Thursday.  

DRC govt 'shortsighted' if it stops concentrate export, says Metorex CEO 

By: Martin Creamer     23rd August 2007 The Democratic Republic of Congo (DRC) government would be "shortsighted" if it disallowed the export of concentrate while it had insufficient smelter capacity, Metorex CEO Charles Needham said on Thursday. Needham said that Metorex currently had a dispensation to move its concentrates... 

BHP looks beyond massive $20,9bn pipeline as fundamentals point to further growth 

By: Matthew Hill     22nd August 2007 The world's biggest mining group, BHP Billiton, said on Wednesday that it had 33 projects in its pipeline worth $20,9-billion, or some R154-billion, and that it could potentially increase this to about $50-billion, around R370-billion. Speaking in a media video conference after a... 

Podcast - August 22, 2007 

By: Christy van der Merwe     22nd August 2007 In this podcast: Norilsk Nickel mulls a new plant to more than quadruple output at Nkomati; Yomhlaba Resources changes its name on rejoining the JSE; and KimCor agrees to buy fellow gem-miner Dwyka’s subsidiary DDH 

On-The-Air (17/08/2007) 

By: Martin Creamer     17th August 2007 In this broadcast: SA largest steel producer attempt at being 'proudly South African' went horribly wrong; R400-m agreement with a Brazilian helicopter refurbisher; Global mining tyre shortage biting hard. 

Podcast - August 15, 2007 

By: Keith Campbell     15th August 2007 In this podcast: South Africa mulls over incentives for uranium value addition; DRDGold and Mintails aim to produce two point four million pounds a year of uranium from mine dumps west of Johannesburg; and First Uranium moves towards production 

On-The-Air (10/08/2007) 

By: Martin Creamer     10th August 2007 In this broadcast: SA's highest-ever rand gold price; Cynthia Carroll "brought up 30 000 people out of the ground" for safety training; Sasol Four is back in contention. 

Podcast - August 08, 2007 

By: Matthew Hill     8th August 2007 In this podcast: Harmony takes a beating on a poor earnings forecast and the surprise exit of chief Bernard Swanepoel; Xstrata bids seven point five billion rand for South Africa�s Eland Platinum; and Cash flush Anglo American plans to repurchase a further four billion dollars worth of shares 

On-The-Air (03/08/2007) 

By: Martin Creamer     3rd August 2007 In this broadcast: President Mbeki and his Cabinet have identified large-scale local manufacture; South Africans sparked off an unexpected gold rush; Landlocked Malawi's ambitious quest to build waterway. 

Podcast - August 1, 2007 

By: Gerrit Bezuidenhout     1st August 2007 In this podcast: Two top mining chiefs announce their retirements; JCI and Randgold and Exploration agree to sell mining rights to Gold Fields; and De Beers averts a strike 

On-The-Air (27/07/2007) 

By: Terence Creamer     27th July 2007 In this broadcast: Concern about price hikes by Eskom from next year; New agency in bid to close the gap between research and commercialisation; A car terminal that will process 250 000 cars a year.  

Podcast - July 25, 2007 

By: Gerrit Bezuidenhout     25th July 2007 In this podcast: South Africa’s mining minister accuses De Beers of double standards; Gem Diamonds launches a friendly bid for Australia’s Kimberley; and Rustenburg approves plans to build a multimillion-rand platinum theme park. 

On-The-Air (20/07/2007) 

By: Martin Creamer     20th July 2007 In this broadcast: World's biggest drilling programme under way near Klerksdorp; Proposals table for another three Gautrains; R2,6-billion gold mine being built on SA's South Rand area. 

Podcast - July 18, 2007 

By: Hilary Klopper     18th July 2007 In this podcast: South Africa’s monthly gold output increases for the first time in nine months; Shifting ore mix hits platinum recovery at Lonmin's concentrators; and BHP Billiton creates a focused uranium unit in a corporate reshuffle. 

On-The-Air (13/07/2007) 

By: Martin Creamer     13th July 2007 In this broadcast: SA taking steps to turn Bas-Congo into 2nd Dubai; Abundant mineral resources is our biggest economic trump card; Plans to catapult SA industry to new high level. 

Podcast - July 11, 2007 

By: Shona Kohler     11th July 2007 In this podcast: Exxaro already producing coal from its fast-track Inyanda project; Randgold Resources going flat out in Cote d’Ivoire; and African Rainbow Minerals and Xstrata plan to build a two point nine billion rand greenfields coal mine in Mpumalanga 

On-The-Air (06/07/2007) 

By: Martin Creamer     6th July 2007 In this broadcast: Green Building Council to fight climate change; Sugar giant in R285-m land-claim restitution deal; Transnet to raise R25-bn for capital expenditure programme. 

Podcast - July 4, 2007 

By: Guy Copans     4th July 2007 In this podcast: Rio Tinto and BHP Billiton plan to sell a stake in Richards Bay Minerals to black investors; BHP Billiton finalises the sale of its Koornfontein coal mine; and CVRD clears the final milestone for its Mozambican coal project. 

On-The-Air (29/06-2007) 

By: Martin Creamer     29th June 2007 In this broadcast: Coal treasure chest in SA's Waterberg region; New power-station project expected to slash costs; Cost of Transnet's Durban-to-JHB fuel pipeline. 

Podcast - June 27, 2007 

By: Neal Goldwyer     27th June 2007 In this podcast: South Africa may amend mining legislation to give communities a bigger stake; Merafe Resources diversifies its portfolio, with a coal joint venture in Mpumalanga; and Implats almost doubles its five-year capex plans. 

On-The-Air (22/06/2007) 

By: Martin Creamer     22nd June 2007 In this broadcast: CVRD to build biggest coal in in Mozambique; Soaring uranium price sparking a frenzy of exploration drilling; Engineers to do some work after graduating. 

Podcast - June 22, 2007 

By: Brindaveni Naidoo     22nd June 2007 In this podcast: Anglo Platinum opts to close its Rustenburg mine to tackle safety problems; Eland Platinum calls for a probe into its stock movements; and BHP Billiton commits three hundred million dollars to reduce greenhouse gas emissions. 

On-The-Air (15/06/2007) 

By: Martin Creamer     15th June 2007 In this broadcast: Mondi planning a duel listing; Initiative under way to ensure all precious metal is recovered; Chair of clean coal established at Wits University. 

Podcast - June 15, 2007 

By: Olivia Soraya Spadavecchia     15th June 2007 In this podcast: Fatal accidents in South African mines fuel safety concerns; De Beers to shake up its Diamdel operations; and Gem producer KimCor plans to double production at its tailings-dump operation 

On-The-Air (08/06/2007) 

By: Martin Creamer     8th June 2007 In this broadcast: SA rejected chrome project now worth R5-bn; World's highest diamond min producing highest-value diamonds; SA's new weather base in Antarctic to open early next year.  

Podcast - June 8, 2007 

By: Matthew Hill     8th June 2007 In this week’s bulletin: South African Marius Kloppers to take the helm at BHP Billiton; Gold and coal miners demand fifteen per cent wage hikes; and Trinity Asset Management reaches a settlement with Randgold and Exploration. 

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