Gold stocks are ‘dirt cheap’ – JP Morgan
Gold stocks are dirt cheap and gold is going to $2,500/oz, according to the latest research from the top gold analysts at JP Morgan Cazenove.
Mining CEOs see gold price heading one way
To hear mining executives tell it, gold prices have nowhere to go but up as investors flock to the yellow metal to hedge against the languishing global economy.
CoAL wants lower rail tariffs
Transnet is doing a good job on increasing coal railages to Maputo, but tariffs have to drop to make further expansions viable, according to CoAL CEO John Wallington.
IFM loss widens on strong rand
International Ferro Metals has reported a wider full-year loss, hurt by lower ferrochrome sales volumes and a strengthening rand.
Optimum Coal reviews share trades
Directors at Optimum Coal are reviewing an expression of interest from Glencore and share sales made to the suitor, despite the absence of a formal bid, say investors.
Rough diamond demand growth to hit record
De Beers is expecting global demand growth for rough diamonds to set a new record this year.
Petra Diamonds profit dips, sees volatile prices
Petra Diamonds says core profit has fallen 5.4% in the year to end-June as higher rough diamond prices outweighs a decline in production and rising costs.
State-owned Alexkor posts operating profit
State-owned diamond miner Alexkor has posted its first gross operating profit in five years, says Deputy Public Enterprises Minister Ben Martins.
Petra upbeat on diamond fundamentals
Petra Diamonds says the diamond market may face some choppy waters for the foreseeable future, but that industry fundamentals will continue to support record prices.
Kasukuwere ‘sailing close to the wind’
Is Saviour Kasukuwere the doppelganger he presents to South Africa's own Julius Malema?