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Coal prices to fall as India throttles back

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The price outlook for coal through to 2018 has worsened owing to falling demand for imports from India which was increasing domestic production.

NUM to call go-slow at Sibanye’s Beatrix

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The National Union of Mineworkers will undertake a go-slow at Sibanye Gold's Beatrix mine if the company continues to refuse signing a wage deal.

CoAL sets March 3 for Universal takeover vote

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Coal of Africa has set aside March 3 for a general meeting at which shareholders will vote on the firm's proposed $91m reverse takeover of Universal Coal.

Johnson Matthey to seek new pastures

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Johnson Matthey, the platinum group metal research house and semi-fabricator, said it would seek new clients after its 21-year relationship with Amplats was over.

Anjin to fire 25% of staff as prices fall

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Anjin Investments, the Chinese company that mines diamonds in Zimbabwe's Marange fields, is to fire 25% of its 845-strong workforce owing to falling prices.

Platinum market confounds analysts

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The minimal reaction of the platinum price to supply interruptions has analysts scratching their heads as to the quantum of inventories.

Rio to cut spending by half

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Sam Walsh, CEO of Rio Tinto, said the group would cut capital spending to $8bn in 2015 - half its outlay in the last financial year.

De Beers hopes to explore in Angola

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De Beers said it had applied for an exploration concession in Angola and hoped to also start exploration in India.

Steinmetz Geneva home raided: report

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The Geneva home of Beny Steinmetz, who heads up BSG Resources, was raided by Swiss police in the last two weeks. No documents were taken.

Baxter appointed CEO of Chamber of Mines

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Roger Baxter has been appointed CEO of the Chamber of Mines effective May first following the early retirement of Bheki Sibiya.