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Uranium needs catalyst to bounce back

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The uranium market requires some kind of flash point for the underlying fundamentals to re-assert themselves and the uranium price to move up sharply again, says Paladin Energy's CEO.

ARM boosts full-year profit, dividend

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Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.

Num accepts Amplats wage offer

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The National Union of Mineworkers has accepted platinum producer Anglo American Platinum's wage offer, says a union spokesperson.

Zimbabwe gives Rio ‘part approval’

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Rio Tinto's Murowa diamond mine in Zimbabwe says it has been given "part approval" for its plan to comply with indigenisation legislation.

Nationalisation ‘put to bed’ in 2012

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Investors will have clarity on nationalisation in SA by July next year, according to Sandile Nogxina, special advisor to Minister of Mineral Resources Susan Shabangu.

De Beers SA sees 6.5 mln carats for 2011

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De Beers expects its SA business to produce 6.5 million carats in 2011, a million less than 2010 as the effects of mine disposals filter down, says the division's CEO.

First Uranium enters deal with Vulisango

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First Uranium has entered into a R400,000 per month consulting contract with BEE group Vulisango Holdings.

First Uranium gets through key test

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First Uranium has successfully completed the testing of its gold plant at Mine Waste Solutions, yet there remain obstacle for the group to mount.

BHP Billiton appeals power price verdict

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The public will have to wait to find out what BHP Billiton’s Southern African aluminium operations pay for electricity.

Namibia’s diamond, uranium output down

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Namibia's diamond output more than halved in the second quarter of this year to 208,000 carats as economic woes hit demand, financial group Capricorn Investment Holdings said on Tuesday.