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Namibia’s mining body warns over new tax

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Namibia's Chamber of Mines wants the government to reconsider plans to impose a further 17% tax on exploration and mining firms.

Amsa still assessing new iron ore project

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ArcelorMittal SA is close to completing its due dilgence study on a potential new iron ore mine in the Northern Cape.

CRG reports progress on draining mines

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Central Rand Gold has reported progress on its proposed plan to stop and partially treat acid mine drainage at its operations in the Central Rand Basin.

Wage talks for coal sector set to resume

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Talks to end the coal sector strike were set to resume on Thursday, says the National Union of Mineworkers.

Hawks raid DMR, ICT over Sishen

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The Hawks have raided offices of the DMR and Imperial Crown Trading as part of an investigation into the decision to award ICT a 21.4% prospecting right over Sishen mine.

De Beers boasts record sales figures

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De Beers has recorded its highest interim sales figures to date, buoyed by strong retail demand from the Indian and Chinese consumer markets.

African Barrick income, production increase

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African Barrick Gold says net income has risen 21% in the first half, boosted by higher gold sales and prices, with production in line with its expectations.

New strike threatens gold supply

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Gold miners will be the latest to join nationwide industrial action and threaten supply of the precious metal at a time when prices are at record highs.

Mimosa shines for Aquarius Platinum

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Zimbabwean asset Mimosa was the stand-out performer for Aquarius Platinum in the June quarter, as the group's SA mines battled a string of production issues and the rand.

Xstrata posts flat copper, coal production

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Xstrata has posted a 6% increase in copper output during the second quarter, as volumes in Chile and from its Australian operations helped offset lower grades.