DiamondCorp earnings slump 47pct
Emerging diamond producer DiamondCorp has reported a 47% drop in headline earnings per share to 6.15 pence for the year to end December 2009 from 11.55 pence a share previously.
Three killed at Harmony’s Phakisa mine
Harmony Gold has reported three fatalities at its Phakisa mine in the Free State.
Zimbabwe investigates New Dawn, CAG deal
Zimbabwe is probing New Dawn Mining Corp's acquisition of Central African Gold (CAG), a deal which a top ally of President Robert Mugabe says is against the country's empowerment law.
BHP welcomes resolution of resources tax
BHP Billiton's CEO Marius Kloppers is encouraged by the comments of newly-appoinmted Australian Prime Minister Julia Gillard that her government will open the door for negotiations with the objective of achieving consensus.
Auryx Gold nears TSX listing debut
Auryx Gold nears its Toronto bourse debut. It will bring to the market a Namibian gold prospect on which it will spend C$15m to bulk up resources and technical studies.
Chinese back Mozambique coal project
Australian junior Riversdale Mining has lined up two major Chinese backers for its second proposed coal venture on the Moatize field in Mozambique.
CIC Energy awaits SA approval of IRP2
CIC Energy, says it has extended its engineering, procurement and construction (EPC) contract to allow time for South Africa to approve its second Integrated Resource Plan
(IRP2010).
Wits Gold slides on cautionary notice
Shares in Witwatersrand Consolidated Gold Resources dropped 15% to R49 on the JSE, two days after the release of a trading cautionary announcement.
Thabex applies for suspension
Thabex, the junior mining and exploration company, has made an application for the voluntary suspension of its listing on the JSE with immediate effect.
Russia mulls SA anti-dumping duty
Russia has proposed slapping anti-dumping duties on imported nickel-containing steels from China, South Korea, Brazil and South Africa.