New strike threatens gold supply
Gold miners will be the latest to join nationwide industrial action and threaten supply of the precious metal at a time when prices are at record highs.
Optimum preps R800m capital raiser
Optimum Coal Holdings is pressing ahead with plans to raise R800m, or more, by November to finance its growth projects and possibly add more to its portfolio.
Mimosa shines for Aquarius Platinum
Zimbabwean asset Mimosa was the stand-out performer for Aquarius Platinum in the June quarter, as the group's SA mines battled a string of production issues and the rand.
Letseng delivers for Gem Diamonds
Letseng achieved record average prices for its diamond sales in the first half of 2011, as did Ellendale in Australia for its fancy yellow stones.
Amplats tightlipped on Zimbabwe
Amplats CEO Neville Nicolau has allocated a high priority to production growth from the Unki mine in Zimbabwe, but he's tightlipped over the latest indigenisation developments.
Coal strike kicks off
Workers in the coal industry have embarked on a countrywide strike, warning of "serious implications" for the economy if their demands were not met.
Randgold sees steady output from Ivory Coast
Randgold Resources's Tongon mine in Ivory Coast is set to hit a target of 272,000 ounces gold output this year and maintain that level into 2020, says CEO Mark Bristow.
Jimmy Manyi put forward as minerals DG
Speculation is rife in government circles that cabinet spokesperson Jimmy Manyi may be in line to be appointed the new director general of mineral resources.
Gold price forecasts rise
Analysts have boosted gold price forecasts for this year and next due to persistent concerns over the euro zone debt crisis and the US recovery and debt.
Canadians, Chinese in SA rare earth deal
Great Western Minerals is teaming up with a Chinese rare earth producer to build a rare earth processing plant in the Western Cape.