Diamondcorp’s Lace posts fancy results
The average value of the first diamonds recovered from the initial sampling work at Diamondcorp's Lace mine in the Free State is far higher than expected.
Davies to probe Exxaro refinery closure
A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.
Shabangu: ‘No quick fix’ on nationalisation
Uncertainty regarding mining sector nationalisation would be inevitable as government sought to tackle matter through its internal processes, says the mines minister.
Xstrata decries ‘unilateral’ policy changes
Governments seeking a greater share of mining profits should implement changes in regulations and taxes prospectively, and not retrospectively, says Xstrata CEO Mick Davis.
Ban chrome ore exports, says Merafe
Merafe CEO Stuart Elliot wants levys and volume curbs placed on the exports of chrome ore which he says are benefitting China and harming South Africa.
Xstrata shakes off flooding woes
Xstrata has posted financials in line with forecasts, with a 30% jump in interim profit, pointing to a stronger second half as its copper unit helps the miner recover from a flood-hit start to 2011.
Deal reached to end gold strike
A strike in South Africa's gold mining sector has ended after a two-year wage deal was clinched, unions and the Chamber of Mines say.
Coal strike to end
The National Union of Mineworkers says it has reached a wage deal with employers in the coal sector to end a week-long strike.
Gold slides on US trade breakthrough
Stocks have risen while gold and the yen dropped as investors cut safety trades after Washington reached a last-minute deal to escape default.
Harmony creates new executive post
Harmony Gold has created a new executive position to accelerate the execution of its safety and health strategy.