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DiamondCorp loss widens

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DiamondCorp, a southern Africa focussed diamond mine development and exploration company, reports the widening of its first half net loss to £1.6m

CRG completes trial mining

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Central Rand Gold has finally completed its trial mining phase but the share price remains bombed out as the company faces up to the flooding threat and looks to achieve sustainable production.

Aurora’s Grootvlei to get capital injection

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Liquidator Enver Motala confirmed Aurora Empowerment Systems had received a sum of money to pay salaries at its mines and other basic services, but declined to divulge the actual amount.

Zungu flies to defence of ICT deal

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Mining enterpreneur Sandile Zungu urged South Africans to celebrate his empowerment deal with ArcelorMittal SA which sees the steelmaker buy the controversial Imperial Crown Trading.

Harmony scraps Evander listing

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Harmony has dropped plans to list Evander but CEO Graham Briggs says the group remains committed to South Africa and there should be no further shaft closures except, perhaps, Merriespruit 1.

No arrests made after Aurora shootout

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-- THERE have been no arrests made for the killing of four "illegal" miners at Aurora Empowerment Systems' Grootvlei mine, according to the...

Harmony bullish despite Q4 headline loss

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Harmony Gold reported a fourth-quarter headline loss of 6c per share, but was bullish on the gold price and output for the group's next financial year.

Watchdog charges First Uranium

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The Competition Tribunal says it has laid a charge against First Uranium Corporation accountant Rory Cole following his failure to respond to a summons.

Jupiter acquisition of Tshipi near conclusion

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-- PALLINGHURST Resources, the investment fund chaired by former BHP Billiton CEO Brian Gilbertson, said Jupiter Mines' acquisition of a 49.9% interest in...

Aurora kept waiting for R50m funds

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Aurora Empowerment Systems said it had no word yet on the R50m interim funds expected from Swiss investment group, Global Emerging markets.