Petra and Trans Hex to size up Finsch
Petra Diamonds and Trans Hex look the most obvious contendors to buy the Finsch diamond mine but De Beers could find these negotiations a lot tougher than those over the sale of its Cullinan mine.
Iron drops for first time in years
Iron ore output fell in 2009 for the first time in seven years despite continued growth in trade to record levels, keeping market conditions tight and prices high until 2012, says a UN think-tank.
Hollywood enters blood diamond fray
Actress Mia Farrow and her agent will testify in August about a blood diamond given to model Naomi Campbell by Charles Taylor, Liberia's former premier, now up for war crimes.
Centamin Egypt output lower than expected
Gold miner Centamin Egypt has produced a lower than expected 30 236 ounces in the quarter to end June, but says it remains on track to produce 200 000 ounces in 2010.
Deep Yellow upgrades Jorc Resources
Mining group Deep Yellow has announced an upgrade and expansion of the mineral resource estimate at its INCA uranium deposit in Namibia.
Aquarius considers temporary closure of Blue Ridge
Aquarius Platinum may close its newly acquired Blue Ridge mine for up to seven months in order to carry out fundamental alterations to the mining infrastructure.
De Beers mulling bids for mines
De Beers said it had received interest in its Finsch and Namaqualand Mines, both
situated in the Northern Cape.
Solidarity, Exxaro Coal reach wage agreement
Trade union Solidarity says that it has reached a "favourable" wage agreement with coal producer Exxaro Coal.
NUM suspends Implats strike on CCMA request
The National Union of Mineworkers has announced its members have "overwhelmingly" agreed to suspend a strike action at Impala Platinum, the world's second largest
platinum producer.
Gold holdings slide in SPDR Gold Trust
Holdings in the world's largest gold-backed exchange traded fund fell to their lowest levels since early June - a development that could cap gold's rebound, analysts said.