Iron drops for first time in years
Iron ore output fell in 2009 for the first time in seven years despite continued growth in trade to record levels, keeping market conditions tight and prices high until 2012, says a UN think-tank.
Centamin Egypt output lower than expected
Gold miner Centamin Egypt has produced a lower than expected 30 236 ounces in the quarter to end June, but says it remains on track to produce 200 000 ounces in 2010.
Deep Yellow upgrades Jorc Resources
Mining group Deep Yellow has announced an upgrade and expansion of the mineral resource estimate at its INCA uranium deposit in Namibia.
Aquarius considers temporary closure of Blue Ridge
Aquarius Platinum may close its newly acquired Blue Ridge mine for up to seven months in order to carry out fundamental alterations to the mining infrastructure.
Solidarity, Exxaro Coal reach wage agreement
Trade union Solidarity says that it has reached a "favourable" wage agreement with coal producer Exxaro Coal.
NUM suspends Implats strike on CCMA request
The National Union of Mineworkers has announced its members have "overwhelmingly" agreed to suspend a strike action at Impala Platinum, the world's second largest
platinum producer.
Workers down tools at Northam Platinum mine
The National Union of Mineworkers says that over 5 000 workers have downed tools at Northam Platinum's mine in Rustenburg to mourn the deaths of the two mineworkers last week.
Gold holdings slide in SPDR Gold Trust
Holdings in the world's largest gold-backed exchange traded fund fell to their lowest levels since early June - a development that could cap gold's rebound, analysts said.
First Uranium recovers some lost ground
First Uranium shares have staged a partial recovery from their recent lows on both the JSE and TSX in response to better news in the June quarter production report.
Lonmin’s swap option on Akanani
JP Morgan Cazenove analysts Steve Shepherd and Allan Cooke reckon Lonmin should
swap its Akanani project for Anglo Platinum's stake in Pandora because the deal would
benefit both groups.