SA gold mines looking good
The June quarterly reporting season kicks off on Thursday and analyst expectations are high for better numbers all round from the SA gold miners.
Copper recovery to boost Zambia
Recovering copper prices will boost Zambia's economy, says Imara Africa Securities.
Petra and Trans Hex to size up Finsch
Petra Diamonds and Trans Hex look the most obvious contendors to buy the Finsch diamond mine but De Beers could find these negotiations a lot tougher than those over the sale of its Cullinan mine.
Hollywood enters blood diamond fray
Actress Mia Farrow and her agent will testify in August about a blood diamond given to model Naomi Campbell by Charles Taylor, Liberia's former premier, now up for war crimes.
Iron drops for first time in years
Iron ore output fell in 2009 for the first time in seven years despite continued growth in trade to record levels, keeping market conditions tight and prices high until 2012, says a UN think-tank.
Minas Rio costs soar to $4.5bn
The capital cost of Anglo American's Minas Rio iron ore project in Brazil has ballooned out to around $4.5bn mainly because of the impact of permitting delays on the construction schedule.
Northam loses 7 000oz in shutdown
Northam Platinum has resumed operations at its Zondereinde mine, after shutting down a shaft last week due an accident that killed two workers.
First Uranium recovers some lost ground
First Uranium shares have staged a partial recovery from their recent lows on both the JSE and TSX in response to better news in the June quarter production report.
Workers down tools at Northam Platinum mine
The National Union of Mineworkers says that over 5 000 workers have downed tools at Northam Platinum's mine in Rustenburg to mourn the deaths of the two mineworkers last week.
Centamin Egypt output lower than expected
Gold miner Centamin Egypt has produced a lower than expected 30 236 ounces in the quarter to end June, but says it remains on track to produce 200 000 ounces in 2010.