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CFM to upgrade Sena line by early 2013

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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.

Botswana to dominate SA in diamond cutting

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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.

Diamond watchdog okays Zimbabwe sales

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Zimbabwe has been allowed to export diamonds from its Marange fields by the industry's top certification system, says an industry group.

Randgold rallies as Bristow walks the talk

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Shares in Randgold Resources have gained more than 7% after a strong set of results affirmed the erstwhile exploration start-up’s ability to be a one million ounces producer by 2015.

Gecamines refuses to publish mining contracts

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Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts.

Num, Exxaro agree on wage deal

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The National Union of Mineworkers says it has agreed a wage deal with Exxaro for workers that do not fall under wage deals struck earlier by the Chamber of Mines.

CoAL to raise another $40m in debt

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Coal of Africa is close to finalising a new $40m debt facility, but will need to raise more funds to pay for its short and medium term growth plans.

Talks continue between Xtrata and Num

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The National Union of Mineworkers and Xstrata will continue their engagement to find an amicable solution to a proposed Employee Share Ownership Programme (Esop).

De Beers says signs $2bn debt deal

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De Beers has signed a $2bn debt deal to refinance existing debt and fund growth.

CoM makes strong case against carbon tax

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The Chamber of Mines has fired the first salvo at its annual general meeting on the next debate that will dominate SA’s mining sector.