Workers hurt at DRD’s Blyvoor, says NUM
The National Union of Mineworkers says that a seismic event has rocked DRDGold's troubled Blyvoor mine.
Transnet doubt stalls ResGen’s Boikarabelo
Resource Generation says major construction work at its Boikarabelo development is on hold until it has secured a railage contract with Transnet Freight Rail.
Smokey Hills back in production
Platinum Australia says underground production at its Smokey Hills mine have resumed, following disruptions due to blockages to the access road.
Rio Tinto ‘well-placed to weather market storms’
Rio Tinto says it is well-placed to weather turbulence in financial markets and continues to expect long-term demand growth.
Gold stocks are ‘dirt cheap’ – JP Morgan
Gold stocks are dirt cheap and gold is going to $2,500/oz, according to the latest research from the top gold analysts at JP Morgan Cazenove.
Mining CEOs see gold price heading one way
To hear mining executives tell it, gold prices have nowhere to go but up as investors flock to the yellow metal to hedge against the languishing global economy.
IFM loss widens on strong rand
International Ferro Metals has reported a wider full-year loss, hurt by lower ferrochrome sales volumes and a strengthening rand.
Rough diamond demand growth to hit record
De Beers is expecting global demand growth for rough diamonds to set a new record this year.
Petra Diamonds profit dips, sees volatile prices
Petra Diamonds says core profit has fallen 5.4% in the year to end-June as higher rough diamond prices outweighs a decline in production and rising costs.
State-owned Alexkor posts operating profit
State-owned diamond miner Alexkor has posted its first gross operating profit in five years, says Deputy Public Enterprises Minister Ben Martins.