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Takeover offer for African Diamonds

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Lucara Diamonds seems the most likely candidate to take over African Diamonds which says it has received an unsolicited offer from a company it will not identify at this stage.

PAF to mine Mozambique gold by 2012

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Pan African Resources said it hoped to produce gold from its Mozambican projects by 2012 following completion of a feasibility study.

HolGoun is still willing to talk to Lonmin

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The HolGoun Group, whose subsidiary Keysha Investments was awarded a prospecting right over a portion of Lonmin's property in the Bushveld, says has and continues to be willing to find an amicable solution with Lonmin.

Ex miner drags AngloGold to Con Court

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The Constitutional Court will hear the case of a former miner claims working underground AngloGold Ashanti's mines caused severe damages to his health.

Impala talks fail, teeters on strike

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Miners at Impala Platinum, the world's second largest platinum producer, edged towards a strike last night as talks for a 10% pay increase fell apart.

Platmin focus on boosting Q3 perfomance

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Unkind weather, between April and May, and reconstruction of the pinion at the Merensky mill slowed down Platmin's operational perfomance during Q2.

Aquarius swings back into profit

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AQUARIUS Platinum swung to a net profit as higher metal prices outweighed lower output resulting from the temporary closure of the Everest mine.

Aurora confirms illegal miner deaths

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Aurora Empowerment Systems claims illegal mining has cost the company at least R80m worth of damages at its East Rand operations. Four illegal miners perished at its Grootvlei mine.

Firestone Energy increases Waterberg resource

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Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.

Exxaro could keep KZ Sands going

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Exxaro's KZ Sands titanium smelter could be saved by the recent upturn in the titanium market if the group can strike suitable deals with customers who want the smelter to stay in operation.