Compromise on Marange diamonds ‘necessary’
The US has agreed to a compromise allowing Zimbabwe to export diamonds, to prevent the paralysis of the global system for stopping trade in "blood diamonds", says its State Department.
Amsa slips into Q3 loss
ArcelorMittal SA has reported a third-quarter loss due to higher costs and lower steel prices, but says earnings in the following three months will improve
Amplats stops production to highlight safety
Amplats is to halt production at all of its operations to highlight the importance of safety and to remember colleagues who have lost their lives.
Randgold Q3 profit jumps to $122.9m
Randgold Resources has posted a jump in third-quarter profit from the year earlier on an 80% surge in gold production and higher metal prices.
Botswana to dominate SA in diamond cutting
Botswana is going to far outclass SA when it comes to the local beneficiation of diamonds, following the new marketing deal it has negotiated with De Beers.
Curtain down on Xstrata coal strike
Xstrata will receive empowerment credits if it distributes its planned ESOP evenly across all work levels in terms of a strike settlement brokered by government.
Diamond watchdog okays Zimbabwe sales
Zimbabwe has been allowed to export diamonds from its Marange fields by the industry's top certification system, says an industry group.
Gecamines refuses to publish mining contracts
Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts.
Anglo, MPs in face-off over BEE targets
Anglo American’s Godrey Gomwe has told parliament the group has already reached a black ownership target of 26%, and that figures suggesting otherwise were calculated incorrectly.
CFM to upgrade Sena line by early 2013
Mozambique's ports and railways company CFM expects to complete a refurbishment of the Sena rail line linking the Beira port with coal mines in the Tete province by early 2013.