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.
Aurora assets to be audited for sale
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.
Rockwell makes operating profit
Rockwell Diamonds has returned to profitability, although actual production fell short of internal management targets during the year to end-February.
Germany won’t draw followers for nuclear plan
A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad, experts say.
Cyber attack warning for resource firms
The Australian government says high-tech threats against resource and other firms are intensifying.
ArcelorMittal joins Kumba in fight against ICT
ArcelorMittal SA has decided to join Kumba in its legal battle against Imperial Crown Trading.
Platinum Australia faces tough situation
Platinum Australia appears between a rock and a hard place given the labour unrest at Smokey Hills, which must perform at its best over the next two quarters to avoid a financial crunch.
Aurora liquidators deny bias claims
Aurora Empower Systems was never given preference because of its political connections, axed Pamodzi Gold liquidator Enver Motala says.
Creditors are gunning for Aurora
Creditor are sharpening their teeth for the directors of embattled mining company Aurora Empowerment Systems.
Trans Hex to post a loss
Trans Hex shares rose nearly 6% on the JSE today despite the release of a trading statement showing the diamond company would report a loss of R45.1m for the year to end-March.