Rio Tinto reviews its diamond business
Rio Tinto says it has begun a strategic review of its diamonds business, a move which may include divesting from all its current interests.
Aurora “virtually a Ponzi scheme’
The liquidators of Aurora Empowerment Systems have revealed that the
company only has R2,000 left in 10 bank accounts, leaving workers with no
hope of ever being paid.
Firestone, Sekoko in new MoU with Eskom
Firestone Energy has taken a giant step towards survival after Sekoko
Resources, its partner in the Waterberg, signed an MoU with Eskom on a 30-
year supply agreement.
Gold Fields ‘committed’ to Mali – report
Gold Fields CEO Nick Holland says the company wants to continue its exploration activities in Mali, despite last week's military coup, according to Reuters.
First Quantum gives Sentinel resource update
First Quantum Minerals has provided a resource and capex update on its Sentinel copper project in Zambia.
MDM to do Gold Fields, Gold One JV scoping study
MDM Engineering says it has been awarded the scoping study contract for Gold Fields and Gold One International's proposed surface operations joint venture.
Smokey Hills progress pleases Platinum Australia
Platinum Australia says it has made significant progress at Smokey Hills since it switched from contract mining to an owner operator in January.
Essar shows its plans to revive former Zisco
India’s Essar Global is to sink $4bn into Zimbabwe’s collapsed steel mining
and beneficiation industry through a capital injection into NewZim Steel, a JV
with the country’s government.
Sasol cooking with gas
With the world in the foothills of the gas era, Sasol is positioning itself in
quickfire fashion to be a major player in the dominant commodity of the future.
Limpopo gives Resgen thumbs up for mine
The building of the proposed Boikarabelo coal mine in the Limpopo province moved
a step closer with authorities approving its construction.