Diamond market may grow by up to 10% for two years
DE Beers last month said it had sold $485m worth of diamonds in its eighth sight, where it meets with pre-approved buyers of its...
“Lumpy” Trans Hex delivers profit, share hits two-year high
TRANS Hex, an alluvial diamond mining company, lived up to the 'lumpy' descriptor given to it by shareholder Piet Viljoen after it delivered a...
MPRDA nudged to upper house with constitutionality untested
AMENDMENTS to South Africa's Minerals & Petroleum Resources Development Act (MPRDA), which have been sitting in the country's parliament for nearly two years, will...
Sibanye to weigh RPM synergies, but loses Jean Nel who is...
SIBANYE Gold said it would take a few months to assess Rustenburg Platinum Mines (RPM), the 800,000 ounce per year platinum (4E) company over...
Wescoal puts pay to rocky past as half-year earnings surge
JOHANNESBURG-listed coal junior, Wescoal Holdings, served notice it was primed for growth through acquisition as it sought a medium-term run-of-mine (ROM) production target of...
SA platinum sector seals deal with AMCU … without strike action
LONMIN and Impala Platinum (Implats) have joined Anglo American Platinum (Amplats) in a signing three-year wage deals with the Association of Mineworkers & Construction...
Endeavour betting on ‘best quarter yet’ to reach output target
ENDEAVOUR Mining, a Toronto-listed gold producer operating in West Africa, is betting on its strongest operating quarter yet to take it to forecast full-year...
Keaton hails Moabsvelden as potential game-changer
MANDI Glad, CEO of JSE-listed coal junior, Keaton Energy, described the award of an integrated water use licence (IWUL) by the Department of Mineral...
Rio Tinto plans to sell 46.6% stake in Simandou to Chinalco
RIO Tinto is to sell its 46.6% stake in Guinea iron ore project, Simandou, to Chinalco for between $1.1bn and $1.3bn, the Anglo-Australian group...
Amplats seals three-year, 7% wage deal with AMCU
THE danger of a strike in South Africa's platinum sector all but diminished after Anglo American Platinum (Amplats) signed a new, three-year wage agreement...