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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.

Nuclear remains part of energy mix, says Peters

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Energy Minister Dipuo Peters has reiterated government's commitment to nuclear and renewable energy as part of the integrated resources plan.

Lights will stay on, for now, says Eskom

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Power utility Eskom has denied currency market speculation of power outages.

Platinum Australia has to deliver

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Platinum Australia has produced a favourable prefeasibility study for its Rooderand project, but the junior has to prove its Smokey Hills mine is a success to be able to fund Rooderand.

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.

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.

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.

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.