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.
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.
Xstrata posts flat copper, coal production
Xstrata has posted a 6% increase in copper output during the second quarter, as volumes in Chile and from its Australian operations helped offset lower grades.
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.
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.
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.
Strike to start at gold mines
The National Union of Mineworkers says wage talks with the country's big gold miners had broken down.
Amplats battles on costs and safety
Profits are up and Anglo American Platinum has declared an interim dividend of R5 per share, but it's clearly tough going at the platinum mining face.