Workers hurt at DRD’s Blyvoor, says NUM
The National Union of Mineworkers says that a seismic event has rocked DRDGold's troubled Blyvoor mine.
Rio Tinto ‘well-placed to weather market storms’
Rio Tinto says it is well-placed to weather turbulence in financial markets and continues to expect long-term demand growth.
Gold stocks are ‘dirt cheap’ – JP Morgan
Gold stocks are dirt cheap and gold is going to $2,500/oz, according to the latest research from the top gold analysts at JP Morgan Cazenove.
Mining CEOs see gold price heading one way
To hear mining executives tell it, gold prices have nowhere to go but up as investors flock to the yellow metal to hedge against the languishing global economy.
Smokey Hills back in production
Platinum Australia says underground production at its Smokey Hills mine have resumed, following disruptions due to blockages to the access road.
State-owned Alexkor posts operating profit
State-owned diamond miner Alexkor has posted its first gross operating profit in five years, says Deputy Public Enterprises Minister Ben Martins.
Petra upbeat on diamond fundamentals
Petra Diamonds says the diamond market may face some choppy waters for the foreseeable future, but that industry fundamentals will continue to support record prices.
CoAL wants lower rail tariffs
Transnet is doing a good job on increasing coal railages to Maputo, but tariffs have to drop to make further expansions viable, according to CoAL CEO John Wallington.
Optimum Coal reviews share trades
Directors at Optimum Coal are reviewing an expression of interest from Glencore and share sales made to the suitor, despite the absence of a formal bid, say investors.
AngloGold aims 5km down to unlock ounces
AngloGold Ashanti aims to use new technology to go 5km below the surface, saying it is on the edge of a major shift in the way people think about underground mining.