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Diamondcorp’s Lace posts fancy results

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The average value of the first diamonds recovered from the initial sampling work at Diamondcorp's Lace mine in the Free State is far higher than expected.

Davies to probe Exxaro refinery closure

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A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.

Shabangu speaks out on Hawks raid

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Mines Minister Susan Shabangu has described a raid by the Hawks on her ministry's offices as sinister, and says a new mines DG will be appointed within two weeks.

Shabangu: ‘No quick fix’ on nationalisation

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Uncertainty regarding mining sector nationalisation would be inevitable as government sought to tackle matter through its internal processes, says the mines minister.

Deal reached to end gold strike

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A strike in South Africa's gold mining sector has ended after a two-year wage deal was clinched, unions and the Chamber of Mines say.

Xstrata decries ‘unilateral’ policy changes

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Governments seeking a greater share of mining profits should implement changes in regulations and taxes prospectively, and not retrospectively, says Xstrata CEO Mick Davis.

Gold slides on US trade breakthrough

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Stocks have risen while gold and the yen dropped as investors cut safety trades after Washington reached a last-minute deal to escape default.

Harmony creates new executive post

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Harmony Gold has created a new executive position to accelerate the execution of its safety and health strategy.

African Minerals, Shandong sign $1.5bn deal

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African Minerals has finally signed an agreement with Shandong Iron & Steel that will see the Chinese group invest $1.5bn in African Minerals' flagship iron ore project in Sierra Leone.

Wits Gold ready to develop, says new CEO

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Former head of Anooraq Resources, Philip Kotze, has been appointed new CEO of Wits Gold and says the group is ready to move from being an explorer to a developer of mines.