Great Basin settles notes
Great Basin Gold has repaid its 2008 senior secured notes with the proceeds of a term loan facility from Credit Suisse.
Mothae to test diamond market
Lucara Diamond says its subsidiary Mothae Diamonds will be holding its first diamond sale later this month.
Sierre Leone seeks to revise mining deals
Sierra Leone needs to revise recent large-scale mining leases to get a better deal for its people, says President Ernest Bai Koroma.
Gem to spend $85m on Gope mine
Gem Diamonds has cut the first phase cost of the Gope mine to $85m by going for an underground operation via a decline shaft, instead of developing a traditional open pit mine.
BEE deal opens door for Galaxy Gold listing
Galaxy Gold has cleared a major obstacle which prevented it from listing on the JSE last year, announcing two empowerment transactions.
Diversified miners rake it in
Particularly pleasing aspects of the latest financial reporting season are the excellent performances from South Africa’s diversified miners African Rainbow Minerals and Exxaro Resources.
Japan’s steelmakers halt output
Key Japanese steelmakers have stopped production at some plants as the country imposed power cuts to cope with the devastation brought by a massive earthquake and tsunami.
Japan explosions blast uranium shares
JSE-listed uranium miners have taken a beating following two explosions at Japan’s Fukushima reactor, which have raised fears over future nuclear energy demand.
Perky output may fire up Gold One
An imminent rerating may add some spice to Gold One International’s lacklustre share price performance, following a promising production update by the company.
African Eagle shares on erratic path
Recent erratic movements in the African Eagle share price on the JSE can be attributed to lack of trading liquidity in South Africa compared with the company's main London listing.