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Coal strike kicks off

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Workers in the coal industry have embarked on a countrywide strike, warning of "serious implications" for the economy if their demands were not met.

Jimmy Manyi put forward as minerals DG

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Speculation is rife in government circles that cabinet spokesperson Jimmy Manyi may be in line to be appointed the new director general of mineral resources.

DMR shuts down Smokey Hills

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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.

RBPlat expects lower Heps

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Royal Bafokeng Platinum says headline earnings per share have declined in the first half.

De Beers strike starts

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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.

AngloGold takes up major First Uranium stake

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Village Main Reef has sold the majority of the 26% stake it held in First Uranium to AngloGold Ashanti for R205m.

Namibia proposes mining tax hike

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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.

IDC begins funding Waterberg coal project

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The IDC has commenced funding the development of the Waterberg coal project by approving the first drawdown of the facility by Sekoko Resources, says project partner Firestone Energy.

Gold hovers around $1,600, eyes euro zone summit

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Spot gold is trading around $1,600, with investors waiting for the outcome of a euro zone summit on Greece's debt crisis, while concerns around the US debt ceiling talks continue to support sentiment.

Investors score as Kumba ups dividend

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Kumba Iron Ore has declared a record interim dividend as higher export iron ore prices more than made up for weather-related production losses.