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Rio, Chinalco set up exploration JV

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Global miner Rio Tinto and state-owned Chinese aluminium producer Chinalco have established a joint venture to explore for new mineral deposits in China.

Trans Hex breaks free in Angola

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Trans Hex is tantalisingly close to getting rid of two of the biggest remaining millstones around its neck - the Luarica and Fucauma alluvial diamond mines in Angola.

Trans Hex upbeat on Namaqualand

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Trans Hex reckons there are "bonus" diamonds to be had at De Beers' Namaqualand Mines, which it can access because it owns the adjacent marine diamond concession.

CIC Energy looks for new buyer

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CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.

State seeks to revive Alexkor

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State-owned diamond miner Alexkor is once again on the lookout for new mining ventures, says a senior government official.

Chamber praises mining minister

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The Chamber of Mines has lauded Mining Minister Susan Shabangu's "depth of understanding" and sophisticated proposals in her budget vote.

Govt aims to break diamond dealers’ hold

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The state is looking to sidestep the grip of SA’s major polished diamond wholesalers on the local beneficiator industry by exploiting foreign legislation.

DMR’s beneficiation plan takes shape

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Tax incentives and promises to prioritise infrastructure form part of government’s strategy to attract buy-in for the state’s proposed mineral beneficiation plan, says Mines Minister Susan Shabangu.

Aquarius Platinum cans Blue Ridge

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Aquarius Platinum is to put its Blue Ridge mine on care and maintenance because of low rand platinum prices and will instead focus on development of Booysendal South.

Xstrata upbeat over commodities outlook

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Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.