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Lonmin extends main furnace shut down

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Lonmin is to step up toll-treatment arrangments after it extended the month-long shut down of its Number One furnace by up to 30 extra days after earlier repairs failed.

Kumba takes Sishen dispute to court

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Kumba Iron Ore has taken formal legal action against the Department of Mineral Resources over the Sishen mineral rights dispute in addition to the lengthy internal appeal already under way.

Chinese pour money into Guinea iron venture

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AIM-traded Bellzone strikes a deal with China International Fund to build a $2.7bn railway that opens up a giant iron ore deposit in Guinea and potentially brings forward the production date.

Kumba fears no long-term strike effects

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Kumba Iron Ore, which is 64% owned by Anglo American, says it is confident that the Transnet strike will have no long-term effect on the company's exports.

Kumba defends Zim from conflict of interest charge

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Kumba defends chairman Lazarus Zim after a report in a South African newspaper suggesting there may be a conflict of interest because of links to the head of the group that snatched rights in Sishen mine.

Impala confirms work stoppage at its 12 Shaft

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Impala Platium Holdings, the world's second largest platinum producer, has confirmed a work stoppage at the company's 12 Shaft operation in Rustenburg.

Namdeb posts giant loss

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Namdeb, the partnership company between the Namibian government and diamond giant De Beers, reports a loss before tax of N$555m for the 2009 year, compared to a N$1.98bn profit in 2008, mainly due to a decrease in revenue.

Petra finalises delayed Kimberley deal

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Petra Diamonds has completed a protracted 30-month transaction to buy the Kimberley Underground mines from De Beers.

Petra finally clinches R78.5m Kimberley mine

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Petra Diamonds will now finally take full ownership of the historic Kimberley Underground mines from De Beers after finally resolving mining licence complications.

BRC DiamondCore MarchQ net loss narrows

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BRC DiamondCore, the African focused diamond explorer active in the Democratic Republic of the Congo, has reported the narrowing of its March quarter loss.