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De Beers ups output as demand picks up

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Diamond producer De Beers expects to boost production in SA by nearly 50% this year as global demand recovers, but has abandoned efforts to mine gems in coastal waters.

Rio, BHP iron ore deal still alive

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Mining giant Rio Tinto has denied making any "final decisions" on its controversial iron ore merger with BHP Billiton, as the massive deal appears on the brink of collapse.

CoAL’s Mooiplaats woes mount

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Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.

Platinum may jump 60%, predict analysts

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Platinum was tipped by two leading investment bank analysts to be among the strongest performing commodities in the coming months, while warning of the potential for a significant setback for gold.

Num considering Northam’s improved wage offer

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National Union of Mineworkers on Tuesday said that Northam Platinum has made an improved wage offer, which it was taking to its members.

DRDGold secures R108m funds for expansion

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South African gold miner DRDGold has secured R108m for its R300m pipeline and plant expansion project at its Ergo operation.

NUM bemoans spat of mine fatalities

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The National Union of Mineworkers has reported a fatality at Harmony Gold Mining's Tshepong Mine in the Free State.

Kumba strike ends with multi-year deal

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Kumba has ended a strike over wages by agreeing to a multi-year deal which will increase salaries by between 7.5% to 10%.

Higher Transnet deliveries boost coal exports

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South Africa's coal exports rose to 5.36 million tonnes in September from 4.16 million tonnes in the same month last year, boosted by higher deliveries by logistics group Transnet.

Zisco attracts fresh takeover bids

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Zimbabwe has received five bids, including a new offer from ArcelorMittal South Africa, for the takeover of steel maker ZISCO, state media reported on Tuesday.