DMR denies major schism with mining bosses
South Africa's Department of Mineral Resources denied there was a schism in relations between it and the mining sector amid widespread retrenchments.
SA gold shares hammered on Fed fears
South African gold shares were hammered on Thursday as the Federal Reserve’s confidence in the US economic outlook diminished the metal’s appeal as a haven.
ARM, Vale approve release of new Zambia mine
African Rainbow Minerals, the diversified mining company, and its joint venture partner Vale SA have released the Konkola North Copper in Zambia.
Anglo completes Amapa transaction
Anglo American said it had completed the sale of its Amapa iron ore mine to Zamin Ferrous for an initial total cash consideration of $134m.
Copper falls to lowest in six years
The copper price fell below $4,500 a tonne for the first time in more than six years as Chinese producers ramp up output replacing recent cuts elsewhere.
Pallinghurst still intent on platinum IPO
Pallinghurst Resources said it remained confident about the platinum market and would consider listing its Sedibelo Platinum Mines.
Chinese buying lifts gold in Q4: WGC
Buying by central banks as well as Chinese investors seeking protection from a weakening currency helped lift demand for gold in the final quarter of last year.
Kumba to layoff 190 jobs at Sishen, Kolomela
Anglo American's Kumba Iron Ore is to retrench about 190 staff at its Kolomela and Sishen mines, said Solidarity.
Favourable business climate for beneficiation
Roger Baxter of the Chamber of Mines, said beneficiation was best facilitated once the business climate was favourable.
Coal prices to rise 40% by 2020: IEA
The price of coal could rise 40% to $100/t by 2020 as high cost mines are shut and demand starts to increase, the International Energy Agency said.