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Xstrata upbeat over commodities outlook

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Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.

Sentula sees improved performance

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Sentula Mining is expecting to report a rise in full-year earnings, and also sees better margins in its current financial year.

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.

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.

Big boost for Mozambican port

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Mozambique's Ports Development Company has announced a $1bn investment over the next 20 years to improve infrastructure at the country's main port.

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.

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.