Ramaphosa takes seat at Lonmin board
Cyril Ramaphosa was appointed to Lonmin's board after a deal, in which Ramaphosa's Shanduka Resources bought a stake in Incwala Resources, was consummated.
Mining at Smitspan colliery to start mid 2011
Firestone Energy, says mining at the Waterberg Coal Project's Smitspan colliery site is targeted to commence by mid 2011.
African Minerals bags new investment in China
African Minerals has sealed a second investment deal with a Chinese group for its flagship iron ore project in Sierra Leone, selling a 25% stake to Shandong Iron & Steel for $1.5bn.
Burnstone plant start up delayed by 2 weeks
Great Basin Gold, the international mining company developing a gold mine on the Witwatersrand, says the start up of its Burnstone metallurgical plant will be delayed by two weeks.
Iron ore dispute gains momentum
Legal teams representing Kumba Iron Ore, ArcelorMittal SA and Imperial Crown Trading are to meet as the parties settle down to an expected war of attrition.
Alrosa underpins positive diamond sentiment
Major Russian diamond producer Alrosa is upbeat on medium-term prospects for the rough diamond market but there are short-term worries over price volatility and the situation at Marange in Zimbabwe.
Rio to sell Chapudi coal project
Resources giant Rio Tinto has reportedly put its Chapudi coal exploration assets in South Africa up for sale.
More options on gold being offered
Gold bulls are being offered more long-shot investment options following the pioneering work of Wits Gold in exploring the unmined, deep-level resources left on the Witwatersrand.
Coal exports drop way below target
Exports by the Richards Bay Coal Terminal plunged in June in spite of a healthy recovery in coal railed to the terminal by Transnet Freight Rail after the strike in May.