10 years, $2.5bn later De Beers produces first diamonds from Venetia...
DE BEERS Group has produced its first diamonds from about a kilometre underground at its Venetia mine in South Africa's Limpopo province.
Production comes more...
Kumba pays generous dividend even as iron ore market contracts, costs...
KUMBA Iron Ore is to pay 75% of interim earnings in a dividend of R22.30/share (R7.3bn) despite volatile market conditions, difficulties with the logistics...
Wesizwe says platinum mine closed until further notice owing to strike
WESIZWE Platinum said its Bakubung Platinum Mine north of Rustenburg in South Africa's North West province would remain closed "until further notice" following an...
South32 lifts SA manganese sales as truck, rail availability improves
SOUTH32 said there was an improvement in fourth quarter sales from South Africa with volumes increasing on road and rail despite persistent challenges at Transnet, the...
Implats to delist RBPlat after acquiring more than 90% in RBPlat
IMPALA Platinum (Implats) is to delist Royal Bafokeng Platinum (RBPlat) after acquiring more than 90% of the company in a cash and shares takeover...
Amplats says PGM prices to bottom out this year after sell-off...
ANGLO American Platinum (Amplats) said a major sell-off in platinum group metals (PGM) this year which has seen the dollar basket price fall 29% to...
Northam Platinum emerges in decent shape after bruising two-year battle
ALL'S well that ends well in the two-year battle between Impala Platinum and Northam Platinum? That would seem to be the conclusion, for now.
One...
Glencore says cobalt slump to hurt African copper earnings
SWISS-based miner and minerals trading firm Glencore warned of a "material" hit to earnings of its African copper division following a sharp decline in...
Northam’s Dunne says there’s no pressure to quit after selling RBPlat...
PAUL Dunne said he had every intention of extending his nine-year stint as CEO of Northam Platinum after the platinum group metal (PGM) today...
Egypt to take 15% net profit share in new mining concessions
EGYPT today set down the terms of a new mineral exploitation regime in which it will issue 30-year exploration licences to miners on condition...