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Kasukuwere ‘sailing close to the wind’

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Is Saviour Kasukuwere the doppelganger he presents to South Africa's own Julius Malema?

AngloGold aims 5km down to unlock ounces

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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.

First Quantum says court upholds DRC claim

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First Quantum Minerals says a court has upheld its claim against the cancellation of its Kolwezi tailings project in Democratic Republic of Congo.

IFM loss widens on strong rand

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International Ferro Metals has reported a wider full-year loss, hurt by lower ferrochrome sales volumes and a strengthening rand.

Rough diamond demand growth to hit record

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De Beers is expecting global demand growth for rough diamonds to set a new record this year.

Petra Diamonds profit dips, sees volatile prices

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Petra Diamonds says core profit has fallen 5.4% in the year to end-June as higher rough diamond prices outweighs a decline in production and rising costs.

CoAL wants lower rail tariffs

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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.

State-owned Alexkor posts operating profit

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State-owned diamond miner Alexkor has posted its first gross operating profit in five years, says Deputy Public Enterprises Minister Ben Martins.

Optimum Coal reviews share trades

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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.

Petra upbeat on diamond fundamentals

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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.