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The return of Siyabonga Gama

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Siyabonga Gama has been re-appointed chief executive of Transnet Freight Rail - the organisation from which he was summarily dismissed in June last year.

Great Basin settles notes

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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

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Lucara Diamond says its subsidiary Mothae Diamonds will be holding its first diamond sale later this month.

Sierre Leone seeks to revise mining deals

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Sierra Leone needs to revise recent large-scale mining leases to get a better deal for its people, says President Ernest Bai Koroma.

BEE deal opens door for Galaxy Gold listing

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Galaxy Gold has cleared a major obstacle which prevented it from listing on the JSE last year, announcing two empowerment transactions.

Gem to spend $85m on Gope mine

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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.

African Eagle shares on erratic path

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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.

Diversified miners rake it in

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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

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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

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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.