NUM fights De Beers’ plan to sack 350 miners
The National Union of Mineworkers has warned De Beers that it will fight plans to retrench more than 350 workers at its Finsch mine in the Northern Cape.
South African gold output falls hard
The news from South Africa's gold sector remains grim. Gold output has fallen again in the first quarter of the year as an inexorable slide in production continues.
Gold may reach $1,400/oz: Investec
Gold may rise as high as $1 400 an ounce in 2010 as investors buy the metal as both a safe store of value and a haven from risk amid rising fears over sovereign debt, Investec says.
Jubilee advances platinum plant plans
Jubilee Platinum is moving rapidly to build a commercial plant to treat chrome-rich platinum concentrate, an important development in the South African platinum sector.
Rio Tinto joins in tax discontentedness
Resources giant Rio Tinto has added its voice to the chorus of miners that have expressed disappointment at the misrepresentation of the level of taxes it pays on its Australian operations.
AngloGold suspends Orkney services
UPDATED - Aurora's gold ambitions receive a body blow as AngloGold Ashanti terminates services to the Orkney mine because of unpaid debt.
NUM, De Beers poised to sign wage deal
Members of the National Union of Mineworkers (NUM) and the world's largest diamond miner De Beers Consolidated Mines have agreed to sign a wage deal, the union says.
Rockwell still thumped by market collapse
Rockwell Diamonds is still battling the after-effects of the collapse in the diamond market but is looking to expand cautiously after refinancing its balance sheet.
Rockwell Diamonds narrows FY headline loss
Alluvial miner Rockwell Diamonds has reported the narrowing of its full year headline loss per share to C$0.03 for the year to end February 2010 from C$0.05 previously.
NUM and De Beers hope to avert strike
South Africa's NUM and the world's biggest diamond producer De Beers are likely to sign a wage deal that could prevent a strike at the company's operations.