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AMCU edges towards Implats strike

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A strike over wages moved closer to reality at Impala Platinum after majority union, AMCU, was awarded a certificate of non-resolution following talks with the union.

De Beers forecasts output of 27.9m carats

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De Beers forecast production for its 2013 financial year to be 27.9 million carats, matching the previous year's output.

Gold pain far from over – analyst

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Pressure on the gold price was set to continue based on the trading activity in the New York futures market in which speculators increased their bearish wagers.

Lonmin should have licence suspended

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Lonmin should have its mining contract suspended as it had breached the conditions of the right, the Bench Marks Foundation's Bishop Jo Seoka has said.

Randgold won’t pay premium for stake

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Randgold Resources CEO, Mark Bristow, said the group would not pay a premium on a premium it had helped create in Kibali gold mine.

Rio Tinto hits record coal, iron ore output

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The UK-listed miner increased iron ore and coal production in the third quarter and said it was making in-roads in cost-cutting efforts.

Rio Tinto bets on African mining for growth

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Rio Tinto was seeking expansion opportunities in Africa's minerals sector as it bet on long-term demand growth for minerals.

Miners face ‘crisis of confidence’: PwC

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The top 40 mining companies globally were suffering a crisis of confidence amid plummeting profits.

Congo seeks access to Angola’s Lobito

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The Democratic Republic of Congo was hoping to export copper through the Angola port of Lobito,

Caution greets Zambia royalty amendments

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The mining sector was cautious in response to speculation Zambia would impose a flat 9% royalty and 30% corporate tax on underground and open cast mines.