Rockwell makes operating profit
Rockwell Diamonds has returned to profitability, although actual production fell short of internal management targets during the year to end-February.
Treating acid mine drainage will cost R8 billion
It will cost R8 billion to treat acid mine drainage over the long term and around R45 billion to cover the costs of closing down derelict and ownerless mines.
PGM prices to falter in 2012, recover in 2013
Concerns about global growth are likely to soften platinum and palladium demand this year, although production shortfalls in SA are likely to support prices.
Hummingbird sets sights on resource conversion as targets 120,000 oz/year average...
HUMMINGBIRD Resources has targeted average gold production of 120,000 ounces a year for the next three years from its Yanfolila gold mine in Mali.
Production...
AEMFC under fire over special treatment
More industry players are raising concerns that state-owned miner AEMFC is receiving preferential treatment from the department of mineral resources.
NUM says Petra Diamonds to cut 150 jobs at cash negative...
PETRA Diamonds was planning to cut 150 jobs at its Koffiefontein mine in South Africa's Free State, according to statement by the National Union...
Tharisa flags quantum leap in interim earnings as metal prices give...
THARISA, the chrome and platinum group metal (PGM) miner, is set to report a stellar improvement in interim earnings next week owing to improved...
Congo directs first copper shipment to US market
THE Democratic Republic of Congo has dispatched its inaugural copper consignment to the US through an arrangement with Mercuria Energy Group, said Bloomberg News.
The...
Gold Fields refutes claim over St. Ives
Gold Fields has been dragged into proceedings in Western Australia in which the Ngadju people are claiming access to tenements held by its St. Ives subsidiary.
AMCU to launch legal defence against SA government de-registration effort
THE Association of Mineworkers & Construction Union (AMCU) said it would defend itself against efforts to de-register it by the government's Department of Labour.
In...