Barend Petersen new CEO of De Beers
Diamond giant De Beers has announced the appointment of Barend Petersen as CEO of De Beers Consolidated Mines (DBCM) with effect from April 2010.
Anglo nears sale of $1bn zinc business
Anglo American nears the sale of its $1bn-plus zinc businesses.
Implats retirees to boost ops
Impala Platinum has put two former executive stalwarts - ex-CEO John Smithies and former head of Rustenburg operations Paul Visser - back in harness as it strives to improve its Rustenburg operations.
Metmar acquires 40% of Zim Alloys Chrome
Metmar Africa, in which JSE-listed Metmar Limited, has acquired a 40% stake in Zimbabwe Alloys Chrome for $51.3m.
Wesizwe hunts partner, clears Solomon
Wesizwe hunts for a partner to develop its platinum project after its CEO Mike Solomon is cleared of any financial impropriety, clearing the air after a heated boardroom battle last year.
Eastplats loss narrows
EASTERN Platinum (Eastplats) on Wednesday reported a full year net profit attributable to equity shareholders of $5.7m compared to a net loss of $209.4m previously.
Jubilee Platinum H1 loss narrows
Mining exploration and development company Jubilee Platinum, has reported the narrowing of its first half headline loss to 0.11 pence a share from 0.37 pence a share the year before.
Platmin loss widens to $11.1m
Platinum junior Platmin, which is developing mines in South Africa, has reported the widening of its loss to $11.1m for the 10 months to end December 2009.
Lonmin shuts main furnace for month
Lonmin shuts its perenially problematic key furnace for a month but offsets production losses by starting up three smaller furnaces.
Angloplat rights offer fully subscribed
Anglo Platinum, the world's largest platinum producer, says 99.5% of its rights offer shares had been subscribed for under its R12.5bn rights offer.