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Swanepoel to return to gold

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Bernard Swanepoel says he may consider returning to the gold industry in an effort to bulk up the asset base of listed firm Village Main Reef.

Alrosa underpins positive diamond sentiment

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Major Russian diamond producer Alrosa is upbeat on medium-term prospects for the rough diamond market but there are short-term worries over price volatility and the situation at Marange in Zimbabwe.

More options on gold being offered

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Gold bulls are being offered more long-shot investment options following the pioneering work of Wits Gold in exploring the unmined, deep-level resources left on the Witwatersrand.

Rio to sell Chapudi coal project

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Resources giant Rio Tinto has reportedly put its Chapudi coal exploration assets in South Africa up for sale.

Burnstone plant start up delayed by 2 weeks

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Great Basin Gold, the international mining company developing a gold mine on the Witwatersrand, says the start up of its Burnstone metallurgical plant will be delayed by two weeks.

Iron ore dispute gains momentum

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Legal teams representing Kumba Iron Ore, ArcelorMittal SA and Imperial Crown Trading are to meet as the parties settle down to an expected war of attrition.

Randgold share price spikes 10%

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Randgold's share price has spiked by 10% or 50 cents to R5.50.

Anglo facing Minas Rio delay

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Land issues may force Anglo American to delay the start-up of its Minas Rio iron ore project in Brazil, according to a report by Dow Jones.

Coal exports drop way below target

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Exports by the Richards Bay Coal Terminal plunged in June in spite of a healthy recovery in coal railed to the terminal by Transnet Freight Rail after the strike in May.

Namdeb workers to down tools over wages

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Workers at diamond producer Namdeb, a 50-50 joint venture between De Beers and the Namibian government, plan to strike from Monday over pay, the company says.