Trans Hex breaks free in Angola
Trans Hex is tantalisingly close to getting rid of two of the biggest remaining millstones around its neck - the Luarica and Fucauma alluvial diamond mines in Angola.
Aquarius Platinum cans Blue Ridge
Aquarius Platinum is to put its Blue Ridge mine on care and maintenance because of low rand platinum prices and will instead focus on development of Booysendal South.
Big boost for Mozambican port
Mozambique's Ports Development Company has announced a $1bn investment over
the next 20 years to improve infrastructure at the country's main port.
CIC Energy looks for new buyer
CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.
Chamber praises mining minister
The Chamber of Mines has lauded Mining Minister Susan Shabangu's "depth of
understanding" and sophisticated proposals in her budget vote.
DMR’s beneficiation plan takes shape
Tax incentives and promises to prioritise infrastructure form part of government’s strategy to attract buy-in for the state’s proposed mineral beneficiation plan, says Mines Minister Susan Shabangu.
State seeks to revive Alexkor
State-owned diamond miner Alexkor is once again on the lookout for new mining ventures, says a senior government official.
Xstrata upbeat over commodities outlook
Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.
Aurora assets to be audited for sale
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.
Govt aims to break diamond dealers’ hold
The state is looking to sidestep the grip of SA’s major polished diamond wholesalers on the local beneficiator industry by exploiting foreign legislation.