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Gem Diamonds raises prospect of dividend

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Gem Diamonds is hoping its 2014 will consolidate its comeback after a nightmare 2012 characterised by write-downs and losses.

Miranda corrects statement of going concern

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Miranda Minerals, a coal development firm, took the unusual step of correcting its statement of going concern saying director fees would be sacrificed.

Petmin to build thermal coal warchest

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Petmin says it will be able to gather enough finance to a buy a two to three million tonne year operating thermal coal mine.

Building the platinum demand of tomorrow

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It's early days, but Impala Platinum's Derek Engelbrecht sees no reason why South Africa shouldn't have its own platinum coin.

MPRDA bill chops ‘developmental pricing’

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South Africa's Chamber of Mines welcomed the MPRDA Amendment Bill and said it had negotiated developmental pricing for domestic supply out of the legislation.

Wesizwe cuts Bakubung capex 11% to R10.7bn

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An optimisation study allowed the group to cut production against a 2009 bankable feasibility study and lift production a fifth in reponse to market conditions.

Rising freight cost to price out chrome exports

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Merafe Resources CEO, Zanele Matlala, said government intervention in chrome exports had fallen by the wayside but economics would rule out the activity.

Elections may frustrate Aquila May hearing

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National elections in South Africa on May 7 may result in personnel changes that delays a hearing into why Aquila Resources has not received a mining permit.

Sibiya stops short of apology as CCMA fumes

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Bheki Sibiya, CEO of the Chamber of Mines, declined to publicly apologise for off-the-record comments made by his chief negotiator about the CCMA.

SA continues to slide in ferrochrome stakes

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South Africa's share of the world ferrochrome market deteriorated another 2% in 2013 despite efforts to have the government intervene in cheap chrome exports.