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The Bafokeng and AngloPlat bury the hatchet

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Royal Bafokeng Holdings and Anglo Platinum have settled their differences and are totally focused on making a success of Royal Bafokeng Platinum according to CEO Steve Phiri.

BHP, Rio call off iron ore venture

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BHP BILLITON and Rio Tinto ditched plans to form the world's biggest iron-ore joint venture, in a victory for steel makers and a move that could prompt both miners to step up competing expansion plans.

Strike over at Northam’s Zondereinde mine

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Striking workers at Northam Platinum's Zondereinde mine are expected to return to work, following a revised pay rise offer from the company.

RBPlat given R10bn price tag

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Royal Bafokeng Platinum is to list on the JSE with an estimated market cap of between R9.1bn and R10.6bn, says the group.

Steel unmoved by ditched Rio/BHP venture

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News that global miners Rio Tinto and BHP Billiton have abandoned plans for an iron ore joint venture is unlikely to hit the steel market, analysts say.

Rockwell Diamonds cuts losses

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Rockwell Diamonds is back to operating profitability and has reduced its overall loss position significantly on the back of rising production and rough diamond prices.

India opens diamond exchange

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India is taking a major step towards becoming a global trading centre for diamonds with a newly launched exchange.

Grupo Carso hedges gold production

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MEXICAN billionaire Carlos Slim's Grupo Carso has bought protection from volatile metals prices through 2013 as the company expands its mining business.

Strong rand no excuse, says analyst

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South African miners cannot hide behind the stronger rand if their earnings fall below forecasts, says a sector analyst.

The Bafokeng blasts Glencore and Xstrata

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RBH CEO Niall Carroll was in a combative mood at the recent Sun City platinum conference taking a go at Glencore, Xstrata and Brian Gilbertson as well as Anglo Platinum.