Gupta’s Optimum supplying Eskom’s Arnot
Eskom is sourcing coal for its Arnot power station from a mine bought by the influential Gupta family.
Minas Rio boosts output, offsets Kumba fall
The ramp-up of Anglo American's Minas Rio iron ore mine in 2015 had helped offset lower output at its Kumba Iron Ore subsidiary.
Aquarius Pt to redouble cost-cutting measures
Aquarius Platinum said it would renew efforts to reduce costs at its Kroondal and Mimosa operations in order to fend off rock-bottom platinum group metal prices.
WIPC joins Singapore Bullion Market Assoc.
The efforts of the World Platinum Investment Council to lift the metal's profile as an investment target received a boost after it joined the SBMA as an associate.
Gold heading for better days as output peaks
Global gold production peaked in the third quarter of 2015 and was unlikely to summit those levels again for years to come.
Murowa seeks to lift diamond output fourfold
The former unit of Rio Tinto Group in Zimbabwe, Murowa Diamonds, plans to expand output of rough diamonds fourfold this year.
Gecamines aims to rebuild copper output
Gecamines has signed an agreement with a Chinese company to build two factories aimed at lifting copper output.
Loudon questions diamond market recovery
Paul Loudon, CEO of DiamondCorp, said the firm would remain flexible on maiden sales of some 7,449 carats recovered so far from its Lace operation.
Gold surges to two-month high on haven buying
The price of gold surged to a two-month high as investors sought a haven amid continued selling of equities.
Saudi Araba keen to attract mining investment
Saudi Arabia plans to double inflows of foreign direct investment in the country by attracting miners, among other sectors, as it seeks to reduce its reliance on oil.