Home News Page 1307

News

Oil slumps 9pct in August

0
US crude oil prices have posted the first monthly decline since May as concerns about faltering economic growth, weak demand and bulging oil inventories pressured crude and gas.

Strike looms at Northam

0
More than 8 000 workers at Northam Platinum will go on strike over a pay rise dispute.

Zim gets diamond polishing centre

0
A diamond firm operating from Zimbabwe's controversial Marange diamond fields has begun constructing a multi-million dollar cutting and polishing centre.

Diamonds: Zim propelled to the big league

0
Zimbabwe may soon surpass top diamond producers like Russia, Botswana and SA.

Newcrest paves way for gold deals

0
Newcrest Mining $8bn-plus acquisition of Lihir Gold is creating a new top-tier of Australian gold producers, which are already being sized up for takeovers.

Eskom worried about low-quality coal

0
Eskom has expressed concern over the quality of coal from domestic suppliers, which might affect its operations and push up prices.

DRDGold sells mining licences

0
DRDGold said it had significantly derisked the business following the disposal of mining licences owned by Durban Roodepoort Deep and West Wits - a move that helped flood company coffers.

Impala lifts div after “worst year”

0
David Brown, CEO of Impala Platinum, complained his company suffered one of its worst years ever but nonetheless lifted the total dividend in a sign of better times to come.

DRDGold to rekindle flame of optionality

0
DRDGold wants to convince gold investors that its surface retreatment operations contain a new kind of optionality.

Impala defends tardy expansion, risks

0
Impala Platinum said plans to bring shafts online at its lease area could be "cast in concrete" and that risks associated with Zimbabwe could be managed.