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A new plan for troubled State Diamond Trader

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South Africa's government has developed a new business model for the State Diamond Trader, which has not worked according to expectations.

De Beers confirms sale of Jagersfontein

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De Beers Consolidated Mines has confirmed that the closing date for expressions of interest in the Jagersfontein Diamond Property in the Free State is on Friday this week.

AngloPlat’s power house mine

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Anglo Platinum's Mogalakwena open cast mine near Mokopane in Limpopo Province is the group's "jewel in the crown" because of its low operating costs and extremely long economic life.

Palabora production for Q1 up 9%

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Palabora Mining Company has reported a quarter-on-quarter increase in production of 9% for the first quarter of 2010.

China firm to invest $600m in Zambia copper

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A Chinese firm is to invest $600 mln in Zambian copper mines.

AngloPlat considers raising output

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Anglo Platinum CEO Neville Nicolau says the group may increase production by up to 200,000oz of platinum this year in response to improving market conditions.

RUSAL to restart a mothballed plant

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Russia's UC RUSAL, the world's biggest aluminium producer, plans to boost output and restart a mothballed plant after reporting a better-than-expected profit for the second half of 2009.

S.Korea steel body joins iron ore price protests

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The Korea Iron & Steel Association said it has joined European and Chinese steel bodies to oppose recent raw material price increases.

De Beers extends sight contracts by a year

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De Beers' company, the Diamond Trading Company, extends sightholders' contracts by a year.

Rio sounds death knell for annual iron ore pricing

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Rio Tinto says it is dumping the annual iron ore pricing in favour of quarterly pricing. It is the last of the top three to do so.