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DiamondCorp’s Lace project to cost R126m

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DiamondCorp expects the development of its Lace project in the Free State to cost up to R126m.

New CEO for International Ferro Metals

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International Ferro Metals has appointed former BHP Billiton manager Christiaan Jordaan as its new chief executive.

New De Beers CEO fits the bill – Oppenheimer

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Nicky Oppenheimer spells out why Philippe Mellier is the first outsider to be appointed CEO of De Beers, and also talks about his own future role in the diamond group.

Num declares Sishen dispute

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The National Union of Mineworkers says it has declared a dispute with Kumba's Sishen Iron Ore over non-implementation of a housing clause in the 2010-2012 wage agreement.

Court allows Amsa to join ICT/Kumba case

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The application by ArcelorMittal SA to join Kumba Iron Ore in a court bid against Imperial Crown Trading has been granted, says the steelmaker.

RBCT exports slow down

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Coal exports from the Richards Bay Coal Terminal fell to 3.57 million tonnes in May from 4.8 million the previous month, RBCT data shows.

First Uranium narrows loss

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First Uranium has reported a narrower pre-tax loss in the fourth quarter and says production at its Ezulwini mine will be off to a slow start.

Exxaro workers plan strike

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More than 7 000 workers at Exxaro may strike over plans to rationalise the business.

Most SA gold mines to close in 10 years

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Rising input costs and declining reserves spell the end of the industry on which SA's economy has been built.

Amsa ‘paid’ for cheap Sishen ore

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Kumba was compensated in 2001 in anticipation of lower future profits it would’ve sustained due to its iron ore supply agreement with ArcelorMittal SA, read court documents.