Cherish thy foreign investor
Apathy towards the priorities of "traditional' foreign investors will likely
undermine efforts to increase the contribution of mining to the social
transformation of SA, says a Sims critique.
Eskom will have to pay more for coal as threat of...
SOUTH African power utility, Eskom, would be under increased pressure to pay more for coal in the coming years as it was running short...
Petra lifts SA mines stakes in R132m deal
Petra Diamonds earmarks 2.2 million carats in diamond production for this year
and says it has lifted its interest in seven of its South African mines.
Venkat declares AngloGold debt drive complete
Srinivasan Venkatakrishnan, CEO of AngloGold, said $820m from the sale of its CC&V mine to Newmont had put the firm's balance sheet back on track.
Botswana passes on $1.26bn De Beers rights
Anglo American says its has lifted its stake in De Beers from 40% to 85% after the Botswana government passed on its pre-emptive rights worth $1.26bn.
Lucara Diamond forges deal with Louis Vuitton for 1,758 carat diamond...
LUCARA Diamond Corporation's 1,758 carat diamond Sewelô, recovered at its Karowe operation in Botswana, would be cut, polished and turned into a collection of...
Grade, stoppages hit Harmony output
Harmony Gold says its gold production for 2012’s first quarter is 18% lower than the period to end-December.
Zimbabwe Darwendale PGM project struggling to attract backing
THE development of Darwendale, one of Zimbabwe's largest platinum group metal (PGM) prospects, has been thrown into doubt as lenders don't want to be...
Why it’s so hard to mine in SA’s North West province
LONMIN warned shareholders that whilst the second half of its financial year was seasonally better than the first – with normally less disruptions –...
Gold Fields in lashing over mine deaths
Deputy Minister of Mineral Resources, Godfrey Oliphant, has singled out Gold
Fields as the biggest contributor to mine deaths in the year so far.