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Strike over at Northam’s Zondereinde mine

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Striking workers at Northam Platinum's Zondereinde mine are expected to return to work, following a revised pay rise offer from the company.

Rockwell Diamonds cuts losses

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Rockwell Diamonds is back to operating profitability and has reduced its overall loss position significantly on the back of rising production and rough diamond prices.

RBPlat given R10bn price tag

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Royal Bafokeng Platinum is to list on the JSE with an estimated market cap of between R9.1bn and R10.6bn, says the group.

Grupo Carso hedges gold production

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MEXICAN billionaire Carlos Slim's Grupo Carso has bought protection from volatile metals prices through 2013 as the company expands its mining business.

Strong rand no excuse, says analyst

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South African miners cannot hide behind the stronger rand if their earnings fall below forecasts, says a sector analyst.

India opens diamond exchange

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India is taking a major step towards becoming a global trading centre for diamonds with a newly launched exchange.

ARM, Vale launch Konkola copper mine

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Zambian President Rupiah Banda has inaugurated a new $380m copper mine project, a joint venture between Africa Rainbow Minerals and Vale.

BHP, Rio in final stand to save JV

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BHP Billiton and Rio Tinto are expected to pursue last-ditch talks with regulators in a bid to save a proposed iron ore joint venture after the project suffered a new blow.

Power cuts loom once more

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The latest research report by RBC Capital Markets analyst Leon Esterhuizen paints a gloomy picture of renewed power cuts looming for the South African mining industry as of next year.

The Bafokeng blasts Glencore and Xstrata

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RBH CEO Niall Carroll was in a combative mood at the recent Sun City platinum conference taking a go at Glencore, Xstrata and Brian Gilbertson as well as Anglo Platinum.