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Boom times coming for rough diamonds

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Diamond producers should "prepare to meet thy boom" if the highly positive message from RBC Capital Markets' diamond conference turns out to be correct.

BHP faces shale gas lawsuit

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BHP Billiton faces class action from US landowners who claim the company's shale gas business is creating a toxic soup, according to a report.

Commodities outlook strong, says Glencore

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Commodities fundamentals remain strong as buoyant demand from emerging markets strains tightening supplies, says Glencore CEO Ivan Glasenberg.

Glencore makes lacklustre Hong Kong debut

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Shares in commodities giant Glencore have opened 2.8% lower in their Hong Kong trading debut, following a tepid launch in London for the year's biggest IPO.

Lonmin’s Karee faces lengthy standstill

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Production at Lonmin’s Karee shaft could still be disrupted for several weeks as the company starts to dismiss 9,000 workers involved in an unprotected strike.

India pledges $5bn in African charm offensive

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India has stepped up its push to deepen its economic ties with Africa and emerge from the shadow of rival China by offering $5bn in new credit lines to the continent.

Lonmin to fire 9,000 striking workers

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About 9,000 workers at Lonmin's Marikana operations in Rustenburg are to be served letters of dismissal, according to Lonmin CEO Ian Farmer.

Operations resume at Eastplats mine

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Eastern Platinum says operations have resumed at its Crocodile River mine, following labour unrest.

Food, fuel to stoke wage talks

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Mining companies are again likely to settle for wages above the main rate of inflation as they tackle union demands given impetus by accelerating food and fuel prices.

Dismissal scuppers Pamodzi deal, says Motala

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The dismissal of two Pamodzi liquidators has jeopardised a possible transaction to rescue the assets, according to one of the pair.