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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.

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.

Amsa plant resumes production

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ArcelorMittal SA, a unit of the world’s biggest steelmaker, has resumed full production at its Newcastle plant that was hit by a furnace failure last year, says the company.

Three more Miranda board members resign

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Three more board members of Miranda Minerals, including its chairperson, have resigned following a court ruling which had put the company’s future in jeopardy.

BHP suspends work at Khutala after fatality

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BHP Billiton's SA coal unit has suspended mining activities at the underground operations of its Khutala colliery after a fatality at the mine, says the company.

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.

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.

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.

Court orders Aurora’s Zuma to pay R10m

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A high court judge has granted default judgment against the chairperson of liquidated Aurora Empowerment Systems, Khulubuse Zuma, for the payment of R10m.