De Beers SA sees 6.5 mln carats for 2011
De Beers expects its SA business to produce 6.5 million carats in 2011, a million less than 2010 as the effects of mine disposals filter down, says the division's CEO.
Gold One posts interim profit
Gold One International has reported a swing to an interim profit, from a loss, after it doubled its production and cashed in on a higher gold price.
Terms to be attached to mining licences
Mining licences will in future be granted with attached conditions, to ensure a supply of raw material for local industries seeking to further refine, or beneficiate, the extracted minerals, MPs hear.
First Uranium enters deal with Vulisango
First Uranium has entered into a R400,000 per month consulting contract with BEE group Vulisango Holdings.
BHP Billiton appeals power price verdict
The public will have to wait to find out what BHP Billiton’s Southern African aluminium operations pay for electricity.
Namibia’s diamond, uranium output down
Namibia's diamond output more than halved in the second quarter of this year to 208,000 carats as economic woes hit demand, financial group Capricorn Investment Holdings said on Tuesday.
Randgold Resources lowers output target
Randgold Resources has revised its full year production downwards after abnormal rainfall in Mali impacted on production.
DRDGold writes down Blyvoor
DRDGold has removed Blyvoor mine from its balance sheet; a move which CEO Niel Pretorius says isn't an indication that the distressed asset will be shut down soon.
Num condemns Lonmin community deal
Lonmin's agreement to employ only locals at its Marikana mine in Bapong promotes xenophobia, says the National Union of Mineworkers.
Sarb swoops on Mzi Khumalo’s assets
Mining magnate Mzi Khumalo has finally been hit with a R1bn order of forfeiture by the Reserve Bank for flouting exchange control laws.