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.
African Barrick income, production increase
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.
Anglo stops all coal operations due to strike
Anglo American says it has halted operations at its South African coal mines due to the ongoing wage strike.
Merafe’s ferrochrome ouput lower
Merafe Resources, the country's largest ferrochrome producer, says first-half production has fallen 4% to 150,000 tonnes due to furnace refurbishments.
Regulator stops First Uranium operations
First Uranium has been forced to suspend operations after intervention from the nuclear regulator.
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.
Letseng delivers for Gem Diamonds
Letseng achieved record average prices for its diamond sales in the first half of 2011, as did Ellendale in Australia for its fancy yellow stones.
DMR shuts down Smokey Hills
Production at Platinum Australia’s Smokey Hills mine has been interrupted for the third time this year, following an order to do so by the department of mineral resources.
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.