DiamondCorp’s Lace project to cost R126m
DiamondCorp expects the development of its Lace project in the Free State to cost up to R126m.
Amsa ups ante in Sishen row
ArcelorMittal SA is demanding nearly R26bn from Kumba if the steelmaker’s supply agreement for iron ore from Sishen mine is not resumed.
New De Beers CEO fits the bill – Oppenheimer
Nicky Oppenheimer spells out why Philippe Mellier is the first outsider to be appointed CEO of De Beers, and also talks about his own future role in the diamond group.
First Uranium narrows loss
First Uranium has reported a narrower pre-tax loss in the fourth quarter and says production at its Ezulwini mine will be off to a slow start.
Amsa ‘paid’ for cheap Sishen ore
Kumba was compensated in 2001 in anticipation of lower future profits it would’ve sustained due to its iron ore supply agreement with ArcelorMittal SA, read court documents.
Exxaro workers plan strike
More than 7 000 workers at Exxaro may strike over plans to rationalise the business.
Most SA gold mines to close in 10 years
Rising input costs and declining reserves spell the end of the industry on which SA's economy has been built.
Ever-deeper gold still costs lives
The massive drill is deafening as it bores into the rock of the world's deepest mine where heat and humidity sap the strength of gold miners who never know when the next rock fall might kill or maim.
Shabangu rules out state miner bailouts
State-owned mining company AEMFC will "never' be bailed out at taxpayers’ expense if it falls on difficult times, says Mines Minister Susan Shabangu.
Riversdale in offtake deal for Benga coal
Riversdale Mining says it has entered into an offtake agreement with trader Trafigura for thermal coal from its Benga coal mine in Mozambique.