BHP sells Chidliak diamond stake
BHP Billiton will sell its majority stake in the Chidliak exploration project in northern Canada to partner Peregrine Diamonds, less than a month after announcing a review of its diamond assets.
Num wants First Uranium CEO to be fired
The National Union of Mineworkers has urged mining company First Uranium Corporation to fire its CEO after the company said it may retrench 1,800 mineworkers.
Gold tests $1,600 but Europe anxiety weighs
Spot gold is struggling to breach $1,600 an ounce, as investors remain nervous over the progress of the euro zone's efforts to rein in its debt crisis.
London Mining delays first Marampa shipment
Lonon Mining, which began producing iron ore from its Marampa operation in Sierra Leone earlier this month, has delayed its first shipment to January.
Lonmin finalises wage deals
Lonmin and the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union have wrapped up outstanding wage increase negotiations.
Anglo American may sell Amapa
Anglo American is considering selling its majority stake in the Amapa iron ore operation in northern Brazil as it focuses on its flagship Minas-Rio growth project further south.
Burnstone is on the mend – CEO Ferdi Dippenaar
The troubled Burnstone mine is getting back on track according to an update from Great Basin Gold, but RBC Capital Markets has remained cautious following a recent visit.
Miners pressed to raise yields
Miners are coming under pressure to boost shareholder returns and redress a balance that has seen profit from higher commodity prices ploughed into growth programmes, salaries and taxes.
First Uranium to layoff staff at Ezulwini
First Uranium may retrench up to half of its employees at struggling Ezulwini, saying workers will have to prove their worth over Christmas to minimise layoffs.
Palabora granted new order rights
SA's largest copper producer Palabora Mining says it has been granted the conversion of its mining rights.