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Kumba earnings to double

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Rebounding export iron ore prices and sales volumes have bolstered Kumba.

Sentula raises R740m senior debt facility

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Sentula Mining has announced that it has received final credit approval for a facility in the amount of R740m from a consortium of financial institutions to refinance the group's existing senior debt facility and provide liquidity to the group.

Warnings sounded on SA platinum output

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The outlook for platinum group metals is good according to JP Morgan Cazenove and RBC Capital Markets but the two firms also reckon the prospects for the SA platinum sector are not.

Implats CFO resigns

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Impala Platinum has announced the resignation of Dawn Earp as chief financial officer of the group and as an executive rirector of the board with immediate effect.

Rockwell revenue rockets by 44pct

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A strong recovery in diamond prices has boosted quarterly sales of the Canadian-based Rockwell Diamonds.

Rockwell needs yet more funds

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Rockwell shareholders are unlikely to take kindly to the news that the junior diamond producer needs to find up to another C$9.3m barely a year after it raised C$17m.

DRDGold hints at demerger plan

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DRDGold has given strongest evidence yet it wants to resuscitate its gold marginality which was famed, especially among the US retail market, for windfall profits in times of gold price gains.

Kumba livid over new ICT application

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Kumba Iron Ore has accused the department of mineral resources of acting unlawfully and maliciously for accepting a mining rights application from ICT over Sishen mine.

Steel price hike announced

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THE base list price of all general flat and long steel products will increase from February, says ArcelorMittal SA.

Tata to keep Riversdale stake

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India's Tata Steel says it will not let go of its holding in Mozambique-focused Riversdale Mining, calling it a strategic stake.