Gemfields takes tentative first step back into emerald market with first...
GEMFIELDS has returned tentatively to the gemstone market completing the first of five proposed small scale auctions of emeralds on November 6.
Adrian Banks, MD of...
De Beers slashes rough diamond output for 2025
DE Beers on Thursday slashed production guidance by as much as 40% to between 20 million to 23 million carats for the 2025 financial...
Sibanye to reconsider dividends after SA Govt. hikes tax
SIBANYE Gold CEO, Neal Froneman, dropped a bombshell today saying he would reconsider the firm's dividend strategy after the South African government increased the...
Vedanta registers lower half-year base metals output at Zambia, SA
METAL production at Vedanta's Zambia copper operations recovered about a fifth in the second quarter, but it was not enough to prevent a hefty...
Glencore confirms Kamoto Copper acid spill, says event was “limited release”
GLENCORE'S Kamoto Copper Company (KCC) mine in the Democratic Republic of Congo (DRC) had a "limited release" of sulphuric acid from a tank during...
Diamond fortunes central to Anglo’s future
Following the $5.1bn purchase of the Oppenheimer family stake in De Beers, the
fortunes of the diamond market has become a priority for Anglo American.
SA not geared for resources run, says Sanlam
Mining will add more than an additional R50bn to SA’s GDP by 2015 if infrastructure bottlenecks are cleared and market share is maintained, says an investment house.
Shanduka profits R2bn on Assore
Cyril Ramaphosa's Shanduka group has cleaned up on the sale of its empowerment stake in iron ore producer Assore, pocketing more than R2bn.
Gordhan throws weight behind R58bn renewable IPP plan
FINANCE minister Pravin Gordhan threw his weight behind South Africa's renewable independent power producer (IPP) programme amid criticism, most notably by Eskom CEO, Brian...
SA chrome tax not a balanced approach to development
VALTERRA Platinum described a proposed chrome tax as not a balanced approach to economic development in South Africa.
Earlier this month, South Africa's Cabinet approved...