Petra Diamonds profit dips, sees volatile prices
Petra Diamonds says core profit has fallen 5.4% in the year to end-June as higher rough diamond prices outweighs a decline in production and rising costs.
Mwana Africa’s Zimbabwe output tops target
Mwana Africa's Zimbabwe mine output has risen to a monthly average of 4,500 ounces, outstripping its targeted annual production rate.
NUM says wage talks with Implats falter
The National Union of Mineworkers says separate wage talks with Exxaro Resources and Impala Platinum have deadlocked but strike action was not imminent.
Zimbabwe again softens tone
Zimbabwe has again hinted it may show flexibility in its stance towards foreign mining companies.
SA to build new nuclear power plants
Energy Minister Dipuo Peters says she has signed off on a proposal for new nuclear energy plants which is to be sent to the cabinet soon.
Gold heads for biggest weekly drop since ’09
Gold has slipped more than one percent, heading for its biggest weekly drop since March 2009.
Mining ‘no cure’ for poverty
The John Taolo Gaetsewe District Municipality in the Northern Cape hosts more than 75% of the world’s manganese reserves. It is also one of nine nodes of poverty in SA.
Base Resources’ Kenya titanium project funded
BASE Resources says it has secured funds for its Kenyan titanium project and expects to commence operations next month.
DMR ‘withdraws’ Mine Waste Solutions right
First Uranium shares have lost almost 15%, following an announcement that subsidiary Mine Waste Solutions’ mining right has been withdrawn.
Botswana reshapes the diamond business
Botswana is staking its claim to be the world's most important diamond centre through a radical overhaul of its relationship with De Beers.