Coal prices drop as fears of supply crunch ease
Prices of prompt coal cargoes have fallen by around $1.00 a tonne as fears of a severe supply crunch eased, traders and utilities say.
Gem gets Gope mining licence
Gem Diamonds has been awarded a mining licence for the Gope deposit in Botswana's Central Kalahari region and aims to start production in 2013.
Sishen: the saga continues
The drama over mineral rights for Kumba Iron Ore’s valuable Sishen Mine will play out in the courts this week.
Warnings sounded on SA platinum output
The outlook for platinum group metals is good according to JP Morgan Cazenove and RBC Capital Markets but the two firms also reckon the prospects for the SA platinum sector are not.
Coking coal may hit $500 a tonne:analysts
Spreading floods in Australia, which produces half the world's coking coal, may push prices even higher say analysts.
Rockwell revenue rockets by 44pct
A strong recovery in diamond prices has boosted quarterly sales of the Canadian-based Rockwell Diamonds.
Implats CFO resigns
Impala Platinum has announced the resignation of Dawn Earp as chief financial officer of the group and as an executive rirector of the board with immediate effect.
Sentula raises R740m senior debt facility
Sentula Mining has announced that it has received final credit approval for a facility in the amount of R740m from a consortium of financial institutions to refinance the group's existing senior debt facility and provide liquidity to the group.
Rockwell needs yet more funds
Rockwell shareholders are unlikely to take kindly to the news that the junior diamond producer needs to find up to another C$9.3m barely a year after it raised C$17m.