Rockwell Diamonds cuts losses
Rockwell Diamonds is back to operating profitability and has reduced its overall loss position significantly on the back of rising production and rough diamond prices.
India opens diamond exchange
India is taking a major step towards becoming a global trading centre for diamonds with a newly launched exchange.
Grupo Carso hedges gold production
MEXICAN billionaire Carlos Slim's Grupo Carso has bought protection from volatile metals prices through 2013 as the company expands its mining business.
Strong rand no excuse, says analyst
South African miners cannot hide behind the stronger rand if their earnings fall below forecasts, says a sector analyst.
ARM, Vale launch Konkola copper mine
Zambian President Rupiah Banda has inaugurated a new $380m copper mine project, a joint venture between Africa Rainbow Minerals and Vale.
The Bafokeng blasts Glencore and Xstrata
RBH CEO Niall Carroll was in a combative mood at the recent Sun City platinum conference taking a go at Glencore, Xstrata and Brian Gilbertson as well as Anglo Platinum.
Power cuts loom once more
The latest research report by RBC Capital Markets analyst Leon Esterhuizen paints a gloomy picture of renewed power cuts looming for the South African mining industry as of next year.
BHP, Rio in final stand to save JV
BHP Billiton and Rio Tinto are expected to pursue last-ditch talks with regulators in a bid to save a proposed iron ore joint venture after the project suffered a new blow.
Rio Tinto in overdrive on commodities surge
Rio Tinto has maintained its 2010 production guidance for iron ore, and says it is driving all its divisions near or above capacity to cash in on strong mineral prices.
Harmony sees gold at $1,500/oz in 2011
Harmony Gold, the world's fifth-largest gold miner, expects gold to rise further this year and trade at around $1 500 an ounce in 2011.