DiamondCorp revises cost of Lace mine
The Lace diamond mine being developed near Kroonstad in the Free State is going to
cost 11% more than planned, but forecast initial revenues should more than double.
Two workers die at Modikwa, says NUM
Two miners have died at Modikwa Platinum after a cave-in, bringing the number of workers killed at mines this year to more than ten, says the National Union of Mineworkers.
Pan African and Wits Gold buy Evander
Pan African Resources has teamed up with Wits Gold to buy Evander from Harmony for
R1.7bn in a deal that will give exploration company Wits Gold its first operating asset.
Miranda shares rise after reinstatement
Shares in Miranda Mineral Holdings have soared during early trade, after the JSE lifted the suspension of the company's shares.
AllanHochreiter to list Sable Platinum
James Allan and Rene Hochreiter are to list their platinum interests through a reverse
takeover of the New Corpcapital cash shell, despite grim times in the platinum sector.
Investors cry foul over Lontoh Coal
ANC bigwigs Zola Skweyiya and Aaron Motsoaledi are among several people who
invested millions of rands in Lontoh Coal - some of whom now claim they've been
misled.
Intimidation wracks Impala’s Rustenburg mine
NUM claims widespread intimidation by a new, emergent union is the root cause of
a 20,000-person strong stay-away at Impala Platinum's key mine.
Coal India weighs up Limpopo deal
The board of Indian state-owned mining company Coal India will decide on Monday
whether to go ahead with a possible joint mining venture with Limpopo.
Optimum Coal output ‘disappoints’
Optimum Coal Holdings has posted a 15% drop in interim coal output, compared with the previous corresponding period
PGM prices to falter in 2012, recover in 2013
Concerns about global growth are likely to soften platinum and palladium demand this year, although production shortfalls in SA are likely to support prices.