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Trans Hex expects swing to profitability

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Trans Hex has advised it expects to post a swing in its interim earnings back to a profit on the back of improved production and increased sales.

Uranium One Q3 profit beats estimates

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Uranium One has posted a third-quarter profit that beat analysts' estimates, helped by higher realised prices.

Harmony reports Kusasalethu fatality

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Harmony Gold has suspended operations at its Kusasalethu mine after an employee was killed in an accident.

Amplats in R3.5bn community plan

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Anglo American Platinum says it will implement a R3.5bn deal that will give 2.33% of the group to communities where it operates.

Shabangu woos China

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Mineral Resources Minister Susan Shabangu has assured potential Chinese investors that South Africa offers a competitive mining sector.

ANC wraps up Malema hearing, to rule this week

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The African National Congress will announce its decision this week on disciplinary charges against its youth leader, Julius Malema, says a senior official.

Oppenheimers sell out of De Beers

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After more than a century's involvement in diamonds, the Oppenheimer family is to bid goodbye to its 40% stake in De Beers after it accepted a $5.1bn offer from Anglo American.

Carroll rules out De Beers IPO

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UPDATED: Anglo American’s dilemma with Codelco has no bearing on its decision to buy-out the Oppenheimers’ stake in De Beers. It also has no intention to list the diamond miner, says the company.

The Oppenheimers eye new projects in Africa

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Nicky Oppenheimer has no intention of leaving the $5.1bn he will get from Anglo American for De Beers in the bank. He and son Jonathan intend using some of the proceeds to go mining in Africa.

Wescoal goes to court over wind-up request

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Wescoal has applied to the North Gauteng High Court to set aside an application for the winding up of the company.