Botswana to dominate SA in diamond cutting
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.
Randgold Q3 profit jumps to $122.9m
Randgold Resources has posted a jump in third-quarter profit from the year earlier on an 80% surge in gold production and higher metal prices.
Diamond watchdog okays Zimbabwe sales
Zimbabwe has been allowed to export diamonds from its Marange fields by the industry's top certification system, says an industry group.
Curtain down on Xstrata coal strike
Xstrata will receive empowerment credits if it distributes its planned ESOP evenly across all work levels in terms of a strike settlement brokered by government.
Anglo, MPs in face-off over BEE targets
Anglo American’s Godrey Gomwe has told parliament the group has already reached a black ownership target of 26%, and that figures suggesting otherwise were calculated incorrectly.
Gecamines refuses to publish mining contracts
Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts.
Randgold rallies as Bristow walks the talk
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.
De Beers says signs $2bn debt deal
De Beers has signed a $2bn debt deal to refinance existing debt and fund growth.
Talks continue between Xtrata and Num
The National Union of Mineworkers and Xstrata will continue their engagement to find an amicable solution to a proposed Employee Share Ownership Programme (Esop).
CoM makes strong case against carbon tax
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.