Zim, Guptas part ways
Lazarus Zim has confirmed that he severed all business ties with the Gupta family last
year, ending a relationship plagued by controversy.
DRDGold will look to sell Village stake
DRDGold will not indefinitely stay a minority shareholder in Village Main Reef once the
Blyvoor transaction has been completed, says its CEO Niel Pretorius.
Amplats paints grim outlook for platinum mining
Amplats CEO Neville Nicolau has confirmed recent assessments by analysts that the
platinum sector is facing tough times due to low prices and falling production.
Implats to rehire all fired workers
Impala Platinum Holdings and the National Union of Mineworkers have reached an agreement regarding an illegal strike at Rustenburg mine, says the union.
Zuma promises ‘competitive’ mining sector
President Jacob Zuma has promised to keep the country's powerful mining sector "globally competitive".
Platinum on the back foot
The platinum sector has seemingly "caught the gold disease', with difficult days
ahead for both producers and investors.
De Beers coy on 2012’s prospects
De Beers CEO Philippe Mellier is cautious over the diamond market’s near-term
prospects, saying the group will prioritise maintenance backlogs and waste stripping
this year.
Kumba FY earnings up on higher iron ore prices
Kumba Iron Ore has reported a rise in full-year profit, boosted by higher iron ore prices and says it expects export volumes to rise in the current financial year.
Rio Tinto dividend surprise masks aluminium hit
Rio Tinto has reported a 6% drop in underlying second-half profits and took a $9.3bn charge mainly against its aluminium business, but appeased investors with a huge dividend hike.
Desperate Aquarius’s share price tumbles
Aquarius Platinum’s earlier warning that its interim figures would be less than flattering
has not prepared the market for the severity of the predicaments the group is facing.