Angola breakthrough for Trans Hex
Diamond producer Trans Hex will only have to provide its share of the capital expenditure needed to build the new Luana mine in Angola according to CEO Llewellyn Delport.
NUM members to strike at De Beers
The National Union of Mineworkers plans to have 3 000 of its members strike at diamond company, De Beers, after falling a "world apart" in a wage dispute.
Kermas, Koreans target SA iron ore
Kermas teams up with Korean companies to develop iron ore and titanium projects in South Africa.
Zimbabwe bans diamond exports, Rio affected
Zimbabwe bans all diamond exports, including from a unit of Rio Tinto, until gemstones from its controversial Marange fields are certified by the Kimberley Process, state media reports.
BHP finalises JV arrangements for project
BHP Billiton has confirmed the formation of the new joint venture for its Indonesian Coal Project with a subsidiary of PT Adaro Energy TBK (Adaro) following the completion of
Government approvals.
Nkwe sets JSE date, awaits Xstrata decision
Nkwe optimises a bankable study into a R6.5bn-R8.3bn platinum project ahead of a listing on the JSE and Hong Kong. Xstrata must decide if it wants to earn into the project and shoulder the costs.
Ruashi plant shut for maintenance
Metorex, a focused base metals mining group, says it plans to shut down its Ruashi plant in the DRC to carry out essential maintenance work.
Namakwa secures $15m loan
Namakwa Diamonds, the London-listed vertically integrated diamond mining company, has announced it has secured debt financing of $15m from a private investor.
Implats output unaffected by work stoppage
Impala Platinum says its production remains unaffected by a work stoppage at its 12 Shaft operation in Rustenburg.
Lonmin extends main furnace shut down
Lonmin is to step up toll-treatment arrangments after it extended the month-long shut down of its Number One furnace by up to 30 extra days after earlier repairs failed.