Xstrata upbeat over commodities outlook
Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.
Sentula sees improved performance
Sentula Mining is expecting to report a rise in full-year earnings, and also sees better margins in its current financial year.
Big boost for Mozambican port
Mozambique's Ports Development Company has announced a $1bn investment over
the next 20 years to improve infrastructure at the country's main port.
CIC Energy looks for new buyer
CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.
State seeks to revive Alexkor
State-owned diamond miner Alexkor is once again on the lookout for new mining ventures, says a senior government official.
Aquarius Platinum cans Blue Ridge
Aquarius Platinum is to put its Blue Ridge mine on care and maintenance because of low rand platinum prices and will instead focus on development of Booysendal South.
Govt aims to break diamond dealers’ hold
The state is looking to sidestep the grip of SA’s major polished diamond wholesalers on the local beneficiator industry by exploiting foreign legislation.
Aurora assets to be audited for sale
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.
Germany won’t draw followers for nuclear plan
A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad, experts say.
Rockwell makes operating profit
Rockwell Diamonds has returned to profitability, although actual production fell short of internal management targets during the year to end-February.