Mothae to test diamond market
Lucara Diamond says its subsidiary Mothae Diamonds will be holding its first diamond sale later this month.
CoAL still waiting for answer on Vele
There's still no answer from the department of environmental affairs on when Coal of Africa will be allowed to restart operations at the Vele coking coal mine.
Great Basin settles notes
Great Basin Gold has repaid its 2008 senior secured notes with the proceeds of a term loan facility from Credit Suisse.
More backers for Rio’s Riversdale bid
Global miner Rio Tinto has received acceptances for 30.6% of shares in its $3.9bn takeover target Riversdale.
The return of Siyabonga Gama
Siyabonga Gama has been re-appointed chief executive of Transnet Freight Rail - the organisation from which he was summarily dismissed in June last year.
Gem to spend $85m on Gope mine
Gem Diamonds has cut the first phase cost of the Gope mine to $85m by going for an underground operation via a decline shaft, instead of developing a traditional open pit mine.
BEE deal opens door for Galaxy Gold listing
Galaxy Gold has cleared a major obstacle which prevented it from listing on the JSE last year, announcing two empowerment transactions.
Sierre Leone seeks to revise mining deals
Sierra Leone needs to revise recent large-scale mining leases to get a better deal for its people, says President Ernest Bai Koroma.
Japan’s steelmakers halt output
Key Japanese steelmakers have stopped production at some plants as the country imposed power cuts to cope with the devastation brought by a massive earthquake and tsunami.
Japan explosions blast uranium shares
JSE-listed uranium miners have taken a beating following two explosions at Japan’s Fukushima reactor, which have raised fears over future nuclear energy demand.