Metorex declares Lubembe resources estimate
Diversified mining group Metorex has declared a resources estimate of 1.5 million tonnes of copper at its Lubembe deposit in the Democratic Republic of the Congo.
Kumba bullish as volumes, prices soar
Kumba Iron Ore, controlled by Anglo American, said first half headline earnings would be higher year-on-year as volumes and prices for its iron ore soared.
Namdeb workers to down tools over wages
Workers at diamond producer Namdeb, a 50-50 joint venture between De Beers and the Namibian government, plan to strike from Monday over pay, the company says.
Coal exports drop way below target
Exports by the Richards Bay Coal Terminal plunged in June in spite of a healthy recovery in coal railed to the terminal by Transnet Freight Rail after the strike in May.
KCM investors pencil in August showdown
The diamond group's shareholders are determined to vote out the board and restore value, possibly with the help of Phillip Dexter, a member of an opposition party in South Africa's parliament.
First Uranium granted TSX review extension
Canadian uranium junior First Uranium, has advised that it has received a 30-day extension of their Toronto Stock Exchange (TSX) listing review.
Anglo facing Minas Rio delay
Land issues may force Anglo American to delay the start-up of its Minas Rio iron ore project in Brazil, according to a report by Dow Jones.
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.
Harmony to sell Mt Magnet for $35m
In an effort to further streamline its business interests, Harmony Gold has sold its Australian asset, Mount Magnet, for a sum of $35m, the company said.
Aquarius may lose 2,000 oz from Marikana
Aquarius Platinum said its 4 shaft at the Marikana mine near Rustenburg could be suspended for two weeks cutting output by up to 2,000 ounces.