Govt aims to break diamond dealers’ hold
The state is looking to sidestep the grip of SA’s major polished diamond wholesalers on the local beneficiator industry by exploiting foreign legislation.
CIC Energy looks for new buyer
CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.
Chamber praises mining minister
The Chamber of Mines has lauded Mining Minister Susan Shabangu's "depth of
understanding" and sophisticated proposals in her budget vote.
DMR’s beneficiation plan takes shape
Tax incentives and promises to prioritise infrastructure form part of government’s strategy to attract buy-in for the state’s proposed mineral beneficiation plan, says Mines Minister Susan Shabangu.
Xstrata upbeat over commodities outlook
Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.
Aurora assets to be audited for sale
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.
Aquarius Platinum cans Blue Ridge
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.
Sentula sees improved performance
Sentula Mining is expecting to report a rise in full-year earnings, and also sees better margins in its current financial year.
Rockwell makes operating profit
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
A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad, experts say.