DiamondCorp ups size of diamond target
DiamondCorp has reported an increase in the size of the geophysical target at one of the prospecting areas making up its Jwaneng South Project in Botswana.
Vale to quit Mozambique coal and port assets as it chases...
VALE, the Brazilian mining firm, is to divest of its Mozambique coal and port projects as it pursues plans to become carbon neutral by...
Harmony posts record free cash flow, but sticks to dividend policy
HARMONY Gold generated record operating free cash flow of R12.74bn for its 2024 financial year ended June but it opted against a special dividend...
Gold miners in re-think as investors bristle
Lawsuits brought by shareholders against gold companies is one manifestation of the need for the world's miners of the metal to restructure.
SA endorses iron ore, steel export levy report
South Africa's cabinet endorsed a report supporting the notion of export levies on iron ore and steel in an effort to ensure development pricing.
Explosion at Eskom’s Medupi power station to cost billions and many...
THE explosion of a unit at power utility Eskom's Medupi power station would cost "billions to fix" and remove 797MW from the South African...
GFMS: Gold may reach $1 600
Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.
GEM Diamonds sells pink diamond for record per carat as Letšeng...
GEM Diamonds posted attributable net cash of $7.9m at the close of its first quarter in which it sold a 13.33 carat pink diamond...
Gold industry “screaming out” for consolidation despite price
THE world's gold industry was still ripe for consolidation although the historic price highs in the metal would present some obstacles.
"I suspect over the...
Rio Tinto beats forecasts amid Glencore merger talks
RIO Tinto delivered stronger-than-expected fourth-quarter production across iron ore and copper operations, marking a positive start for new CEO Simon Trott as the company...