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Diamond demand to outpace supply to 2020

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Chinese and Indian appetite for diamonds will fuel demand growth of more than 6% a year over the next decade, far outpacing supply increases, says Bain & Company.

Xstrata eyes benefits from copper supply woes

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Xstrata expects to benefit from supply troubles hitting copper globally, as it reports increased resources and says its own key projects are on track and on schedule.

Platmin to return consolidated: Gilbertson

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Platmin's proposed delisting was the precursor to a stronger, consolidated company when the market was more supportive, said Brian Gilbertson, chairman of Platmin shareholder, Pallinghurst Resources.

Clashes erupt in Congo ahead of vote results

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Clashes have erupted between protesters and security forces in parts of Democratic Republic of Congo as diplomats scrambled to defuse tensions ahead of the country's full election results.

SA coal exports fall in November

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Richards Bay Coal Terminal has exported 6.3 million tonnes of coal in November, compared with 7.4 million tonnes the previous month, says the firm

Anglo OKs $1.7bn Queensland coal project

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Anglo American says its board has approved the $1.7bn Grosvenor metallurgical coal project in Queensland, Australia.

Sierra Leone shields coveted forest from mining

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Sierra Leone has conferred protected national park status on a remote tract of forest that has attracted attention for its iron ore mining potential.

Lonmin to raise workers’ pay by up to 10%

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Lonmin says employees will receive pay rises and benefit improvements of up to 10%, depending on job grades, as part of a two-year wage agreement with NUM.

South Korean firm joins SA rare earth project

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South Korea's state-run Korea Resources Corporation has reached a definitive agreement to take part in a large-scale rare earth element development project in South Africa.

Platmin to delist until better days return

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Platmin, a platinum group metals developer and explorer operating in South Africa, is to delist from Toronto and Johannesburg saying its share was under-valued and poorly traded.