Paragon Diamonds investor hails gems
A private equity investor who recently took a $4.3m stake in London's Paragon Diamonds said investing in gems would return value throughout the cycle.
Kasongo to get $20m for DRC tin ambition
The former deputy mines minister of the Congo, Victor Kasongo, hopes to activate a $20m loan by tying up a 190 tonnes/month tin offtake agreement.
CoAL wins mining licence for Makhado
Coal of Africa said it had been awarded a new order mining right that will pave the way for the development of its 2.3 million tonne/year Makhado project.
Universal Coal readies NCC for production
Universal Coal also said it produced 686,900 run-of-mine tonnes from its Kangala colliery in Mpumalanga province during the third quarter.
Labour Appeal Court rejects AMCU gold strike bid
SOUTH Africa's Labour Appeal Court has dismissed an application by the Association of Mineworkers and Construction Union (AMCU) to appeal an interdict preventing a...
Iron ore prices weaken to 2012 levels
The price of iron ore fell for the fourth successive week to nearly $100/t amid a supply glut that would continue into 2015, analysts said.
Palladium hits high as tensions mount
Palladium has increased 13% this year as the threat of Russian sanctions and continued strikes in South Africa's platinum group metal market hit home.
Hwange to double coal production
Hwange Coal Colleries, the Zimbabwean coal producer, would double monthly production to 300,000 tonnes once it had received new equipment.
Randgold, Centamin, Acacia oversold: Investec
Shares in UK-listed gold firms Randgold Resources, Centamin and Acacia Mining had been oversold as all three had strong balance sheets.
Mugabe ‘youthful as boy of nine’
Robert Mugabe spoke of his good health in a speech to followers at his 90th birthday celebrations on February 23.