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ARM dumps Namibian gold project

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Diversified SA miner African Rainbow Minerals plans to divest from a gold project in Namibia by June and finalise development of a copper project in Zambia this year, it says.

NUM declares wage dispute with De Beers

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The National Union of Mineworkers (NUM) has declared a wage dispute with diamond giant De Beers.

Failed gem firm pays a pittance

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Wealth 4 U, which like most speculative mining ventures offered so much and delivered so little, will pay less than one cent for every rand hapless investors ploughed into the venture.

Zimplats profit up despite output falling

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Zimplats' metal output falls, but profits rise on firmer metal prices.

Union declares De Beers dispute

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South Africa's biggest union says it has declared a wage dispute with the world's top diamond producer De Beers, and has asked an arbitration authority to mediate.

BHP Billiton pulls rug under metal firms

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BHP Billiton, the world's largest mining group, has withdrawn from an electricity saving aluminium beneficiation plan because it allegedly earns more from exporting the metal directly.

Aquarius gets basket price boost

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Higher platinum group metal prices lifted Aquarius Platinum's revenues in the March quarter offsetting an 8% fall in production.

Arcelor profits soar as legal battles rage

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South Africa's largest steel maker ArcelorMittal SA posts a strong rise in profits as it fights a number of competition-related battles and tries to restore a cheap supply of iron ore.

China OKs individual iron ore deals as talks stalemate

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China's steel industry body will allow mills to sign individual supply deals with global miners, as it seemed to abandon efforts to preserve annual pricing that for months had appeared doomed.

Brian’s next move

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Brian Gilbertson's successful courting of two sovereign funds into the little known Platmin provides further evidence the commodity bull run is intact, and raring to go again.