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Lonmin hits sales target, boosts earnings

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Lonmin says earnings have risen 59%, despite a strike at its Karee operations that forced it to cut output targets and drove up unit costs.

Lonmin thinking twice about growth plans

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Lonmin says its growth investment strategy is not set in stone, saying it will rethink its target of a 950,000oz production profile if market conditions deteriorate.

De Beers, Zim diamond feud gets nasty

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De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.

Codelco says an Anglo suit could last years

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Codelco's looming legal battle with Anglo American may take three to four years to be resolved, says Codelco chief Diego Hernandez.

ANC slams Sexwale’s testimony

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The ANC's national disciplinary committee has slammed the testimony provided by Human Settlements Minister Tokyo Sexwale at ANCYL leader Julius Malema's disciplinary hearing.

NPC urges caution on power carbon tax

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It will make sense to introduce an economy-wide carbon tax - coupled with some conditional exemptions - says the National Planning Commission.

State intervention study complete

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A study that took in state intervention in the mining economies of countries Venezuela, Malaysia, China and Zambia has been handed to the ANC's policy committee, a newspaper reported.

Beneficiation ‘no jobs panacea’

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Beneficiation is not the solution to end all problems as far as job creation in the mining industry is concerned, says the National Planning Commission.

DRDGold’s Blyvoor out of financial distress

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DRDGold's Blyvoor underground mine was deemed to be out of financial distress, a judgement that opens the way for Village Main's all-scrip offer unveiled earlier this week.

Nationalisation dead in water: Godsell

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Bobby Godsell, speaking in Toronto, said nationalisation could not be afforded and required changing South Africa's Bill of Rights.