DiamondCorp confident over fundraising
DiamondCorp will need to raise more funds within the next 12 months to continue with the development of its Lace mine in the Free State.
‘King Cobra’ Sata leads Zambia election count
Opposition leader Michael Sata has taken a lead in Zambia's presidential election, with 10% of votes counted.
Production disruption at Village’s Cons Murch
Village Main Reef says it has started a process to dismiss employees that have been participating in unprotected strike action at its Consolidated Murchison mine in Limpopo.
Gold weakens on dollar rally
Spot gold has slipped under the weight of a rallying dollar, after falling more than 1% in the previous session, when the US Federal Reserve offered a grim economic outlook.
Copper crashes to lowest since 2010
Copper has crashed below the psychological $8,000/tonne level, as economic fears escalate on news of a manufacturing contraction in China combined with a grim outlook for the US economy.
Rand off lows but still vulnerable
The rand has bounced from a two-year low against the dollar, but is still under pressure a day after recording its biggest daily fall since October 2008.
Pallinghurst minds the gap as it targets LSE
The gap between Pallinghurst's share price and its net asset value has widened to around 50%, prompting chairman Brian Gilbertson to look at a listing in London to stimulate demand for the stock.
Shares to ignore silicosis threat, for now
As a new silicosis-related legal battle against Anglo American is set to start, analysts say it’s too early to determine whether there will be any future liabilities for mining firms.
Gem Diamonds unveils Letseng Star
Gem Diamonds has announced the naming and unveiling of the historic 550 carat diamond recovered from its Letšeng mine in Lesotho.
Gold Fields’ Philippine mine to cost up to $2bn
Gold Fields may invest up to $2bn to develop a gold and copper prospect in the Philippines, says a government official, although the company maintains it is far too early for such estimates.