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Rockwell says Wouterspan mine economic

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Rockwell Diamonds said a preliminary study of its Wouterspan mine which it is hoping to take out of mothballs was economic and would cost $45m to build.

SA shares choked as gold may test $1,300/oz

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Problems with "SA Inc", and gold price weakness, turned the heat up again on the country's gold shares which continued to slide.

Amcu, NUM distanced from Lonmin strike

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Lonmin said the wildcat strike that broke out at its Marikana mine yesterday was ad hoc and unsupported by any of the main unions.

Amcu flexes muscle as Lonmin strike ends

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The likely end of a strike at Lonmin's Marikana mine underpins the influence of Amcu among the mine's workers after its president urged a return to work earlier.

Village pulls plug on Buffelsfontein, finally

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Village Main Reef said it would stop production at the historic North West province mine Buffelsfontein, a move no doubt informed by the $200/oz decline in gold.

Lonmin lifts output target to over 700k oz

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Lonmin provided further evidence it was in recovery mode producing strong operating results, but it said wage talks remained challenging.

AngloGold’s Venkat sets out stall in strong debut

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AngloGold Ashanti CEO, Venkat, sought to impose his own style of leadership at the group saying profits would not be sacrified for production growth.

Glencore Xstrata ups copper from Africa

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Glencore Xstrata said first quarter copper output increased 18% year-on-year owing to a significant boost from African production.

Unions absent from Amplats’ jobs revision

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Anglo American Platinum (Amplats) said it would retrench up to 8,000 less jobs than first proposed, but the consultation process did not have union participation.

Headwinds put Gold Fields on back foot

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Gold Fields was in capital preservation mode as it cut exploration expenditure and suffered the effects of lower March quarter gold output at nearly all its operations.