Regulator stops First Uranium operations
First Uranium has been forced to suspend operations after intervention from the nuclear regulator.
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.
De Beers boasts record sales figures
De Beers has recorded its highest interim sales figures to date, buoyed by strong retail demand from the Indian and Chinese consumer markets.
Merafe’s ferrochrome ouput lower
Merafe Resources, the country's largest ferrochrome producer, says first-half production has fallen 4% to 150,000 tonnes due to furnace refurbishments.
African Barrick income, production increase
African Barrick Gold says net income has risen 21% in the first half, boosted by higher gold sales and prices, with production in line with its expectations.
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.
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.
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.
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.