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SDT should get more diamonds from miners

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The South African government should force mining companies to avail a higher portion of their diamonds for cutting and polishing inside the country.

Shanduka, Pembani deal still on?

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Cyril Ramaphosa sold his shares in Shanduka to a non-profit trust and the firm itself rather than Pembani Group as proposed in May.

Strong rand hits Optimum Coal

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A weaker export coal price and a stronger rand have put Optimum Coal's earnings under pressure.

Trans Hex ends MOR disposal strategy

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Trans Hex has exited the last of its holdings in South Africa's Middle Orange River diamond properties.

There’s pressure on all sides: AMCU’s Gama

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Association of Mineworkers & Construction Union treasurer, Jimmy Gama, acknowledged the platinum strike had created pressure for all sides that needed resolution.

Tax rate leaves Zambia mining discontented

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Zambia's mining industry was unhappy with the country's proposed corporate tax rate of 35% saying it would dissuade new investments.

Eskom to appoint permanent CEO mid-August

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South Africa's government is to appoint a permanent CEO to its power utility, Eskom, by mid-August, said public enterprises minister, Lynne Brown.

Hwange to tackle $70m debt in rights offer

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Hwange Colliery would seek capital from shareholders to help it restructure $70m in debt and pay employees amid a decline in the coal price.

Gold starts Q3 with short covering rally

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After a disastrous second quarter, the third quarter was more positive for the gold price owing to short covering by investors.

Rockwell posts 9-month loss as costs rise

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An increase in production costs, related to the lower occurrence of diamonds, hit the Toronto firm's nine month figures with losses more than doubling.