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Pink diamond sale shows market strength

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A rare pink diamond fetching $45.75m has virtually doubled the previous record to become the most expensive stone ever sold at auction.

NUM: Black elite behind nationalisation

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SA's biggest union, the National Union of Mineworkers, says the BEE elite may be funding the ANC Youth League to push the nationalisation agenda.

Soros: conditions ‘pretty perfect’ for gold

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Billionaire investor and philanthropist George Soros says gold still has some kick to it, as long as conditions like low interest rates prevail.

Union attacks mines body over deaths

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The Chamber of Mines is lying if it claims there has been an improvement on safety in mine, says the National Union of Mineworkers.

Zimplats a boon to Impala output

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Impala Platinum has reported a 7% rise in first-quarter platinum output, boosted by better performance at its Impala and Zimplats mines.

ANCYL scoffs at ‘independent’ research

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The ANC Youth League says it is not interested in independent views on the nationalisation of mines.

ANC talks tough on mines research

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All structures within the ANC must stop casting aspersions before real research work on the nationalisation of mines begins, spokesperson Brian Sokutu said on Wednesday.

IRP2 sinks major power project

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An Australian firm has abandoned plans to develop a 1,000MW coal-fired power station for SA, saying the draft Integrated Resource Plan will make the project unsustainable.

Zimbabwe raises its PGM stature

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Zimbabwe’s emergence as an important platinum group metals player has been underscored in Johnson Matthey’s interim review of the global market.

SA platinum output to remain flat

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South Africa's platinum supply may rise a touch next year after falling slightly in 2010 on safety-related stoppages and wage strikes, says Johnson Matthey.