Petra finalises delayed Kimberley deal
Petra Diamonds has completed a protracted 30-month transaction to buy the Kimberley Underground mines from De Beers.
Petra finally clinches R78.5m Kimberley mine
Petra Diamonds will now finally take full ownership of the historic Kimberley Underground mines from De Beers after finally resolving mining licence complications.
JM bullish on platinum
UK metals firm Johnson Matthey is bullish on prospects for both platinum and palladium during 2010 and has predicted the platinum price could reach $2,000/oz.
BRC DiamondCore MarchQ net loss narrows
BRC DiamondCore, the African focused diamond explorer active in the Democratic Republic of the Congo, has reported the narrowing of its March quarter loss.
Aquarius Pt ships concentrate from Everest
Aquarius Platinum said it had shipped concentrate from its recently reopened Everest mine some three months ahead of schedule.
Implats MarchQ output slides 4pct
Impala Platinum has reported a 4% dip in quarter-on-quarter platinum production to 368 000 ounces due to pipeline movements.
Platinum rights squabble at Absolute
Dennis Tucker's new platinum exploration company Bauba - formerly Absolute Holdings - is already butting heads with other platinum companies including industry leader Anglo Platinum.
Angloplat earnings seen 20pct higher
Anglo Platinum has advised that its first half basic earnings per share and headline earnings per share were expected to increase by at least 20%.
Platmin’s project costs creep higher
Costs are nudging higher at Platmin's Pilanesberg platinum project as it targets 160,000 oz of platinum group metals this year and full production in early 2011.
Platinum miners unaffected by Zim strike
Platinum producers appear to escape the brunt of a wage strike in Zimbabwe which is hitting the gold sector hard.