Lonmin doubles profit, confirms guidance
Lonmin says operating profit more than doubled to $144m in the first half and confirmed sales guidance for 2011, despite an increase in safety stoppages.
Decision on Wild Coast mining imminent
A decision by Mineral Resources Minister Susan Shabangu is imminent on an appeal to stop her granting rights to mine titanium from sand dunes along a pristine stretch of the Wild Coast.
Lonmin bucks downward trend
Lonmin shares have moved against the negative direction among platinum producers, following improved financials and a positive adjustment of its long-term forecast.
Hurdles may scupper Namaqualand deal
A proposed deal between Trans Hex and De Beers on Namaqualand Mines is subject to some conditions which may prove difficult to meet.
Silver bounces from record fall, gold up
Silver has rebounded from its biggest one-day dollar fall since 1980, while gold also recovered as cheaper prices lured in Asian investors.
Bloody, but unbowed bulls to charge again
The brutal selloff in commodity markets had no obvious trigger, and by the same token, there is no obvious reason why prices will not recover in the next few weeks or months.
Panic selling hits commodities
Investors are scrambling for cover as silver heads for its biggest weekly loss since at least 1983 and oil falls below $100 a barrel.
Malema: Stop mineral exports
The government must stop exporting raw minerals to encourage the establishment of industries to process them locally, ANC Youth League leader Julius Malema says.
Harmony falling short of target
Harmony Gold’s full-year production target seems to be out of reach after reporting a 2% quarterly output decrease.
Better days still ahead, says Briggs
Harmony Gold investors will have to be patient a little longer before the significant investments in the group’s growth assets start to deliver output and income growth.