Ferro Metals production takes a dip
International Ferro Metals, the London-listed ferrochrome producer with operations in South Africa, reports a 6% drop in quarter-on-quarter production.
Aquarius shares recover after DMR meeting
Shares in Aquarius Platinum, the world's fourth-largest platinum producer, have risen more than 15% following the company's reassurances that it had a say in how it improved safety at its mines.
DMR backs down on Aquarius
The Department of Mineral Resources has backed away from its draconian safety directive to Aquarius Platinum which will continue standard mechanised mining operations while striving for better safety.
Tawana completes A$660 000 placement
Australian and JSE listed diamond exploration company Tawana Resources has completed the placement of 66 million shares at 1 cent per share to raise A$660 000.
Rough diamond prices could weaken
Rough diamond prices could pull back 5% to 10% in the short-term but the medium-to-long term outlook remains good because of the forecast shortage in supply.
SA govt says Kumba, Amsa will settle
Kumba Iron Ore and ArcelorMittal SA "committed themselves" to finding a settlement, says a spokesman for South Africa's trade and industry department.
Investment flows to prop up gold – GFMS
Take away investment flows and the gold price would topple off its current highs, market research firm, GFMS has said.
Uranium output on the up
Namibia's total uranium output rose 4% in the second quarter of 2010 compared with the first three months of the year, data showed.
Aquarius Platinum shares plunge
Shares in Aquarius Platinum dropped sharply in early trading on the JSE on Monday morning in response to the stringent safety directive slapped on the company by the Department of Mineral Resources.
Gem hopeful Letseng meets output target
Amid rising diamond prices, London-listed GEM Diamonds said it hoped to meet full year production targets at its flagship Letseng mine in Lesotho.