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Angola to boost diamond output in 2012

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Angola's state-owned diamond firm Endiama expects to increase production this year after posting revenue growth in 2011, reports state news agency Angop.

Friedland to storm back with IvanPlats

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Speculation has it that billionaire mining entrepreneur, Robert Friedland, will shake off the disappointment of losing a legal fight with Rio Tinto by listing IvanPlats, the African platinum and base metals play.

Godongwana stays as state intervention ‘chief’

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Enoch Godongwana, who is serving his last day in Cabinet, will remain in his position as head of the ANC’s committee that will handle the report on state intervention in mining.

Funds target pockets of tight supply in 2012

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Tight supply in grains and industrial metals such as copper along with further support for gold offer opportunities in what top commodities managers see as another challenging year in 2012

Uranium One plays Mantra option

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Uranium One has announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011, and will acquire a 13.9% stake in Mantra.

Iron ore prices lift Kumba earnings

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Kumba Iron Ore says an increase in export iron ore prices has substantially lifted its full-year earnings.

Authorities halts Petmin’s SamQuarz sale

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Petmin says its proposed sale of the SamQuarz silica mine has been disallowed by the Competition Commission.

Platinum miners not worried by power cuts

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SA's platinum miners say they are confident there would be sufficient electricity to power their mines this month, despite Eskom's warning of tight supply.

Zungu committed to Rockwell, deal imminent

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Rockwell Diamonds and Sandile Zungu's African Vanguard Resources are close to finalising a restructuring of their business relationship.

Keysha keen on Lonmin partnership

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Keysha Investments says it wants to talk to Lonmin on how the firms can mine a portion of Marikana together, following the dismissal of Lonmin’s appeal over Keysha’s prospecting right.