New strike threatens gold supply
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.
Optimum preps R800m capital raiser
Optimum Coal Holdings is pressing ahead with plans to raise R800m, or more, by November to finance its growth projects and possibly add more to its portfolio.
De Beers boasts record sales figures
De Beers has recorded its highest interim sales figures to date, buoyed by strong retail demand from the Indian and Chinese consumer markets.
Coal strike kicks off
Workers in the coal industry have embarked on a countrywide strike, warning of "serious implications" for the economy if their demands were not met.
Randgold sees steady output from Ivory Coast
Randgold Resources's Tongon mine in Ivory Coast is set to hit a target of 272,000 ounces gold output this year and maintain that level into 2020, says CEO Mark Bristow.
Amplats battles on costs and safety
Profits are up and Anglo American Platinum has declared an interim dividend of R5 per share, but it's clearly tough going at the platinum mining face.
Jimmy Manyi put forward as minerals DG
Speculation is rife in government circles that cabinet spokesperson Jimmy Manyi may be in line to be appointed the new director general of mineral resources.
Gold price forecasts rise
Analysts have boosted gold price forecasts for this year and next due to persistent concerns over the euro zone debt crisis and the US recovery and debt.
Canadians, Chinese in SA rare earth deal
Great Western Minerals is teaming up with a Chinese rare earth producer to build a rare earth processing plant in the Western Cape.
Strike to start at gold mines
The National Union of Mineworkers says wage talks with the country's big gold miners had broken down.