Giyani distances itself from Navachab
Giyani Gold has joined Pan African Resources is distancing itself from speculation it was jointly bidding to buy Navachab from AngloGold Ashanti.
Platinum producers may mothball mines
South Africa's platinum producers may take the drastic step of mothballing mines in Rustenburg affected by the 20-week strike in the sector.
Fitch switches SA outlook to ‘negative’
Ratings agency, Fitch, changed its outlook for South Africa to negative from stable partly owing to the protracted strike in the platinum sector.
Sishen: Kumba CEO Mbazima’s ‘nightmare’
The Sishen iron ore mine was "a nightmare" for Kumba Iron Ore CEO, Norman Mbazima.
Gemfields aims at ruby price lift
UK-listed semi-precious stone company, Gemfields, said it hoped in the development of a ruby mine to replicate its success in the emerald market.
Northam Pt’s Lewis slates SA Govt.
Northam Platinum CEO, Glyn Lewis, blamed the South African government for unfair demands on the mining sector - a situation that would result in job losses.
Botswana budget surplus to widen
Botswana would produce a modest surplus this year despite a slow-down in diamond sales, the country's finance minister said.
Harmony to slash costs to R400,000/kg
Harmony Gold said it would mine more gold and cut spending in equipment and exploration in an effort to reach R400,000 per kiolgram of gold produced.
Miners in Congo facing power shortage
The Congolese prime minister told cabinet members the country did not have sufficient power capacity to service any more mining expansions.
Minas Rio to make Anglo bundles
The volatile iron ore market notwithstanding, Anglo American expects its Minas Rio iron ore mine to be highly cash generative.