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Regulator stops First Uranium operations

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First Uranium has been forced to suspend operations after intervention from the nuclear regulator.

Optimum preps R800m capital raiser

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Optimum Coal Holdings is pressing ahead with plans to raise R800m, or more, by November to finance its growth projects and possibly add more to its portfolio.

Xstrata posts flat copper, coal production

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Xstrata has posted a 6% increase in copper output during the second quarter, as volumes in Chile and from its Australian operations helped offset lower grades.

Canadians, Chinese in SA rare earth deal

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Great Western Minerals is teaming up with a Chinese rare earth producer to build a rare earth processing plant in the Western Cape.

DMR shuts down Smokey Hills

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Production at Platinum Australia’s Smokey Hills mine has been interrupted for the third time this year, following an order to do so by the department of mineral resources.

Amplats tightlipped on Zimbabwe

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Amplats CEO Neville Nicolau has allocated a high priority to production growth from the Unki mine in Zimbabwe, but he's tightlipped over the latest indigenisation developments.

Randgold sees steady output from Ivory Coast

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Randgold Resources's Tongon mine in Ivory Coast is set to hit a target of 272,000 ounces gold output this year and maintain that level into 2020, says CEO Mark Bristow.

Letseng delivers for Gem Diamonds

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Letseng achieved record average prices for its diamond sales in the first half of 2011, as did Ellendale in Australia for its fancy yellow stones.

Gold price forecasts rise

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Analysts have boosted gold price forecasts for this year and next due to persistent concerns over the euro zone debt crisis and the US recovery and debt.

Strike to start at gold mines

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The National Union of Mineworkers says wage talks with the country's big gold miners had broken down.