KCM investors pencil in August showdown
The diamond group's shareholders are determined to vote out the board and restore value, possibly with the help of Phillip Dexter, a member of an opposition party in South Africa's parliament.
Anglo facing Minas Rio delay
Land issues may force Anglo American to delay the start-up of its Minas Rio iron ore project in Brazil, according to a report by Dow Jones.
Coal exports drop way below target
Exports by the Richards Bay Coal Terminal plunged in June in spite of a healthy recovery in coal railed to the terminal by Transnet Freight Rail after the strike in May.
Kumba bullish as volumes, prices soar
Kumba Iron Ore, controlled by Anglo American, said first half headline earnings would be higher year-on-year as volumes and prices for its iron ore soared.
Harmony to sell Mt Magnet for $35m
In an effort to further streamline its business interests, Harmony Gold has sold its Australian asset, Mount Magnet, for a sum of $35m, the company said.
First Quantum ‘shaken down’ in DRC
UK institution Numis Securities reckons First Quantum Minerals has been "shaken down" in the DRC but still rates the company as a strong buy because of its other assets.
Aquarius may lose 2,000 oz from Marikana
Aquarius Platinum said its 4 shaft at the Marikana mine near Rustenburg could be suspended for two weeks cutting output by up to 2,000 ounces.
Harmony closes Joel temporarily
Harmony has shut down the Joel mine in the Free State for up to six weeks to carry out repairs and modifications in its North Shaft.
Mineworker dies at AngloGold’s Tau Lekoa mine
The National Union of Mineworkers (NUM) has reported a fatality at AngloGold Ashanti's Tau Lekoa mine in Matlosana - formerly Klerksdorp.
Vale goes for Konkola North
UPDATED - Brazilian resource major Vale is to invest $400m on development of the Konkola North copper mine in Zambia which it owns through a joint venture with African Rainbow Minerals.