DiamondCorp raises more money for Lace
Fund raisings by Firestone Diamonds and now DiamondCorp indicate investor sentiment towards the diamond mining sector is improving, which is good news for DiamondCorp.
Nkwe shrugs off non-disclosure claims
Nkwe Platinum has dismissed suggestions that the group has been less than frank with shareholders over the legal disputes and administrative uncertainties it faces.
Wescoal granted Vlaklaagte right
Wescoal Holdings says its subsidiary Wescoal Exploration has been awarded a new order prospecting right over certain portions of the farm Vlaklaagte 330JS.
Xstrata capex up 50%
Xstrata plans to increase spending on new mines by about 50% next year to $6.8bn as the mining group keeps its main focus on organic growth rather than acquisitions.
Aurora: scores of illegal miners nabbed
Hundreds of illegal miners have been arrested at the Aurora Grootvlei Mine in Springs, police say.
Silver to stay one up on gold
As silver climbs above $30 an ounce for the first time since 1980, traders and analysts are cautiously bullish about its ability to keep outperforming gold.
Union warns over Simmers job losses
Trade union Solidarity warns it will not tolerate retrenchments due to the takeover of Simmer & Jack by Village Main Reef Gold Mining.
Rio Tinto in $3.5bn bid for Riversdale
Rio Tinto has made a $3.5bn bid approach for Africa-focused Riversdale Mining, sending the target firm's shares surging 16% and setting up a potential takeover battle.
Keaton granted debt facility for Vanggatfontein
Keaton Energy says it has successfully secured a credit-approved offer of R255m in project finance to complete its Vanggatfontein coal mining project near Delmas.
Anglo finalises $700m Skorpion deal
Anglo American has completed the sale of its Skorpion zinc mine to Vedanta Resources.