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Centamin Egypt output lower than expected

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Gold miner Centamin Egypt has produced a lower than expected 30 236 ounces in the quarter to end June, but says it remains on track to produce 200 000 ounces in 2010.

Lonmin’s swap option on Akanani

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JP Morgan Cazenove analysts Steve Shepherd and Allan Cooke reckon Lonmin should swap its Akanani project for Anglo Platinum's stake in Pandora because the deal would benefit both groups.

Deep Yellow upgrades Jorc Resources

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Mining group Deep Yellow has announced an upgrade and expansion of the mineral resource estimate at its INCA uranium deposit in Namibia.

De Beers mulling bids for mines

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De Beers said it had received interest in its Finsch and Namaqualand Mines, both situated in the Northern Cape.

Gold holdings slide in SPDR Gold Trust

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Holdings in the world's largest gold-backed exchange traded fund fell to their lowest levels since early June - a development that could cap gold's rebound, analysts said.

Solidarity, Exxaro Coal reach wage agreement

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Trade union Solidarity says that it has reached a "favourable" wage agreement with coal producer Exxaro Coal.

Aquarius considers temporary closure of Blue Ridge

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Aquarius Platinum may close its newly acquired Blue Ridge mine for up to seven months in order to carry out fundamental alterations to the mining infrastructure.

NUM suspends Implats strike on CCMA request

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The National Union of Mineworkers has announced its members have "overwhelmingly" agreed to suspend a strike action at Impala Platinum, the world's second largest platinum producer.

First Uranium recovers some lost ground

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First Uranium shares have staged a partial recovery from their recent lows on both the JSE and TSX in response to better news in the June quarter production report.

CoAL expects 1st sales from Vele in next quarter

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Coal of Africa says that development of the Vele Project has progressed according to schedule and first sales of coking coal are expected during the next quarter.