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Aquarius Platinum cans Blue Ridge

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Aquarius Platinum is to put its Blue Ridge mine on care and maintenance because of low rand platinum prices and will instead focus on development of Booysendal South.

Aurora assets to be audited for sale

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The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.

CIC Energy looks for new buyer

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CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.

Rockwell makes operating profit

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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

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A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad, experts say.

Trans Hex to post a loss

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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.

Cyber attack warning for resource firms

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The Australian government says high-tech threats against resource and other firms are intensifying.

ArcelorMittal joins Kumba in fight against ICT

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ArcelorMittal SA has decided to join Kumba in its legal battle against Imperial Crown Trading.

Aurora liquidators deny bias claims

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Aurora Empower Systems was never given preference because of its political connections, axed Pamodzi Gold liquidator Enver Motala says.

Platinum Australia faces tough situation

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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.