Marine gem hunter to list on JSE
South African investors may soon be offered another chance to go marine diamond mining as TSX-listed Afri-Can Marine Minerals Corporation looks for a secondary listing on the JSE.
Lonmin shares fall on nickel sales ban
Shares in Lonmin, the world's third-biggest platinum producer, fell around 3% as analysts say a South African government ban on its sales could be a serious threat to its business.
Merafe buys chromine ore from Lonmin
South Africa's Merafe Resources has enough ore sources to mitigate the impact of a government order preventing Lonmin from selling any associated minerals.
“I’m used to seeing diamonds in a box”
British supermodel Naomi Campbell, testifying at the war crimes trial of former Liberian President Charles Taylor, said she's used to seeing diamonds in a box, and wouldn't have known they were diamonds if someone hadn't pointed it out.
CoAL to defend bid to halt mining at Vele
South African miner Coal of Africa says it will vigorously defend the appeals brought against its Vele mine on environmental concerns and that they had no basis or legal merit.
Gold Fields converts South Deep
Gold Fields has been awarded a new order mining right for South Deep but the terms of the related black economic empowerment deals show it has had to pay a high price for this.
Exxaro earnings seen up to 73% higher
Diversified resources group Exxaro says it expects headline earnings per share for the six months to end June 2010 to be between 650c and 700c, representing an increase of between 60% and 73% when compared to the corresponding period in 2009.
Gold Fields BEE package deal
Gold Fields CEO Nick Holland says the three latest BEE transactions approved by government form a "package deal" with the previous Mvelaphanda Resources transaction.
Rio Tinto reports record underlying H1 earnings
Anglo-Australian mining giant Rio Tinto has posted a 260% jump in first-half net earnings to a record $5.85bn and says China was key to its future.
Randgold maintains production outlook
Randgold Resources CEO Mark Bristow reckons the group's gold production will remain with 5% of his original forecast for 2010 despite the problems at the Loulo mine in Mali.