Mineworker dies at AngloGold’s Tau Lekoa mine
The National Union of Mineworkers (NUM) has reported a fatality at AngloGold Ashanti's Tau Lekoa mine in Matlosana - formerly Klerksdorp.
First Quantum ‘shaken down’ in DRC
UK institution Numis Securities reckons First Quantum Minerals has been "shaken down" in the DRC but still rates the company as a strong buy because of its other assets.
DiamondCorp ups size of diamond target
DiamondCorp has reported an increase in the size of the geophysical target at one of the prospecting areas making up its Jwaneng South Project in Botswana.
Gem ban ‘punishing’ Zimbabweans
Zimbabwe's finance minister says a blockade on diamond exports is effectively 'punishing the people of Zimbabwe', and that it should be dropped.
Gold price extends losses
Gold has fallen further below $1 200/oz in Europe, extending the previous session's losses, as a report that China will not make gold a major part of its portfolio undermined sentiment.
Xstrata to develop Peruvian copper mine
Mining giant Xstrata says it will invest $1.47bn in developing a southern Peru copper mine, a move aimed at extending the life of its existing operations in the region.
Congo cries foul over First Quantum
The government of the Democratic Republic of Congo has claimed First Quantum Minerals has been conducting a smear campaign against it.
Gold poised as correction nears end
Analysts reckon that news China would not add significantly to its gold reserves had been absorbed and that the correction in the gold price was almost out of the system.
Aquarius suspends output at Marikana
Aquarius Platinum has suspended production at its Marikana mine following the death of five miners contracted through Murray & Roberts.
NUM stands firm on Implats wage demands
A union at Impala Platinum says it will stick to its 15% pay rise demand in mediation talks next week but wants a quick end to the dispute.