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.
DMR shuts down Smokey Hills
Production at Platinum Australia’s Smokey Hills mine has been interrupted for the third time this year, following an order to do so by the department of mineral resources.
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.
Strike to start at gold mines
The National Union of Mineworkers says wage talks with the country's big gold miners had broken down.
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.
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.
RBPlat expects lower Heps
Royal Bafokeng Platinum says headline earnings per share have declined in the first half.
Namibia proposes mining tax hike
Namibia plans to raise its mining tax by 17% to boost revenue, but the hike will not apply to the diamond sector, says the ministry of finance.
AngloGold takes up major First Uranium stake
Village Main Reef has sold the majority of the 26% stake it held in First Uranium to AngloGold Ashanti for R205m.
De Beers strike starts
The National Union of Mineworkers' members at diamond producer De Beers Consolidated Mines has started a strike after wage talks failed, says a union official.