Kumba axes 3,933 in bid to stay afloat
The unremittingly weak iron ore price has finally closed in on Anglo American's Kumba Iron Ore which is cutting jobs and reducing output.
‘Neutral’ Lonmin shows $120m Q1 cash outflow
Shares in Lonmin were untroubled as the market absorbed first quarter output figures. A worry, however, is another cash outflow, this time totalling $120m.
SA mining reports lowest fatalities ever in 2015
The South African mining industry said there had been 77 fatalities among its ranks in 2015 - the best safety record since the dawn of the industry.
First Quantum Zambia power crisis eases
First Quantum Minerals said water levels at Lake Kariba would be recharged taking the pressure off its Kansanshi and Sentinel copper operations.
Gold Fields’ South Deep heads for Q1 break-even
Better-than-expected production and an increase in the rand gold price could see Gold Fields' South Deep project break-even much sooner than forecast.
PIC defends Lonmin stake in Parliament
The Public Investment Corporation defended its decision to take its stake in Lonmin up to about 30% saying it was keeping its eye on long-term prospects.
De Beers doubles sales in first sight of 2016
However, Goldman Sachs expressed concerns De Beers was making unfair comparisons while another diamond firm said the market would remain volatile.
Boje returns to lead coal developer Minergy
Andre Boje, formerly of Wescoal Holdings, has joined unlisted coal development firm Minergy which is developing a prospect in Botswana's Mmamabula coalfields.
Amplats spells out full impact of 2015 pain
Anglo American Platinum numbered the write-off of Atlatsa loans and restructuring costs as among the most damaging to its 2015 full-year figures.
Implats 14 shaft shut after fatal fire
UPDATED - Impala Platinum confirms four deaths at 14 shaft which will be shut following a meeting with mines minister, Mosebenzi Zwane.