Outsider takes helm at De Beers
De Beers has named industry outsider Philippe Mellier, an executive from French engineering group Alstom, as its new boss.
Another silicosis ruling hits miners
The Chamber of Mines have lost another silicosis-related case, forcing firms to assume responsibility for deficits in the compensation fund for employees with pulmonary disease.
Gold, silver poised for further growth
Speculators have recently been responsible for great volatility in commodity prices, but there is still room for further gains.
New players to shake-up manganese sector
South Africa’s manganese sector is geared for large-scale expansion and will add around 15% to global capacity.
Panel to grill Motala, others on Pamodzi
Liquidator Enver Motala and five of his colleagues have been hauled in front of the Master of the Pretoria High Court to explain their roles in the liquidation of two Pamodzi mines.
Namibia seeks bigger De Beers marine stake
Namibia's government will pay N$375m to increase its stake in De Beers' offshore operations, reports the Namibian Sun.
Glencore to close IPO book early
Glencore will close the books for its planned $11bn initial public offering on May 17, a day ahead of the original schedule, underscoring strong demand for the offer.
Platmin’s output headaches carry on
Platmin says its target of achieving breakeven in 2011 at the Pilanesberg mine is not a sure thing, as the group’s struggles to attain adequate waste stripping volumes continue.
Gold One to announce ‘landmark’ deal
Gold One International is set to announce a change of ownership as it halted the trading of its securities on both the Johannesburg and Australian stock exchanges.
First Uranium reaches ‘key’ milestone
First Uranium Corporation says its Ezulwini mine shaft moiling and upgrade program has made significant progress and as a result, a key production restraint has been removed.