Letseng delivers for Gem Diamonds
Letseng achieved record average prices for its diamond sales in the first half of 2011, as did Ellendale in Australia for its fancy yellow stones.
Amplats tightlipped on Zimbabwe
Amplats CEO Neville Nicolau has allocated a high priority to production growth from the Unki mine in Zimbabwe, but he's tightlipped over the latest indigenisation developments.
Canadians, Chinese in SA rare earth deal
Great Western Minerals is teaming up with a Chinese rare earth producer to build a rare earth processing plant in the Western Cape.
Randgold sees steady output from Ivory Coast
Randgold Resources's Tongon mine in Ivory Coast is set to hit a target of 272,000 ounces gold output this year and maintain that level into 2020, says CEO Mark Bristow.
RBPlat expects lower Heps
Royal Bafokeng Platinum says headline earnings per share have declined in the first half.
AngloGold takes up major First Uranium stake
Village Main Reef has sold the majority of the 26% stake it held in First Uranium to AngloGold Ashanti for R205m.
Namibia proposes mining tax hike
Namibia plans to raise its mining tax by 17% to boost revenue, but the hike will not apply to the diamond sector, says the ministry of finance.
De Beers strike starts
The National Union of Mineworkers' members at diamond producer De Beers Consolidated Mines has started a strike after wage talks failed, says a union official.
Lonmin maintains production forecast
Lonmin is sticking to its revised annual production guidance of 720,000oz of platinum, despite a string of operational problems that hit the June quarter output.
IDC begins funding Waterberg coal project
The IDC has commenced funding the development of the Waterberg coal project by approving the first drawdown of the facility by Sekoko Resources, says project partner Firestone Energy.