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Kumba ‘second footprint’ lends option to SA

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Norman Mbazima, Kumba Iron Ore CEO, believes government is realistic, but its plans for domestic iron ore pricing makes the firm's Africa footprint a useful option.

De Beers pins hopes on India, China

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Improved sales in India and China would assist the diamond market in staging a modest turnaround in fortunes during 2013, De Beers said.

Rival unions shatter fragile peace at Amplats

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The spotlight has been thrown again on the fragile nature of labour relations on SA's mines after at least 13 employees at Amplats were injured in mine violence.

Zuma pleases Alliance but NDP needs traction

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President Jacob Zuma's State of the Nation address won the support of Cosatu, but the congress believes the National Development Plan cannot be implemented.

Amplats flexible on shape of restructuring

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Anglo American Platinum CEO, Chris Griffith, said the firm's restructuring may be different from announced but the aims of the production cuts would be the same.

Harmony’s Kusasalethu to reopen by end-April

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Harmony Gold said it would reopen its Kusasalethu gold mine with full production expected by June after an agreement is struck with key unions.

All eyes on South Deep as Gold Fields sets stall

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South Deep needed to put in a big shift in Gold Fields' 2013 financial year as the newly formed firm set out to make good on its new high margin credentials.

Gordhan to lead tax, royalties review: Zuma

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South African president, Jacob Zuma, said in his State of the Nation address that a review of the country's tax regime would begin this year, including mining royalties.

Implats may raise $500m as cash diminishes

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Impala Platinum looked to secure finance for its Rustenburg projects as its cash balance fell about R2.9bn year-on-year.

De Beers commits R20bn to Venetia extension

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In a much-needed boost to South African mining, De Beers said it would pump R20bn into extending its Venetia diamond mine in the country's Limpopo province.