Petra hopeful of diamond restocking
UK-listed diamond company, Petra Diamonds, said it was optimistic there would be restocking in the global diamond market amid signs of economic growth.
AngloGold faces “significant” changes in Ghana
Tito Mboweni, chairman of AngloGold Ashanti, said the gold producer faced a series of issues in trying to make its Obuasi gold mine in Ghana more efficient.
X2’s Davis seeking $3bn for mine purchases
Mick Davis will limit investors to six or seven with each providing about $500m before he embarks on a mine acquisition strategy, sources said.
Police gird for 70,000-strong platinum strike
South Africa's Police Services sent extra people to the country's platinum belt in North West province in an effort to stop intimidation as a 70,000-strong strike kicked off.
Platinum CEOs unite in fight against strike
South Africa's platinum CEOs said workers were being promised wage increases by AMCU that could not be met and pleaded for a resolution.
BHP Billiton turns in strong output figures
BHP Billiton produced a strong first half production performance and said volumes would grow an aggregate 16% over the next two years.
Amplats returns to profit for FY13
One-off restructuring costs and a write-down impacted on Amplats' full-year figures but higher volumes and a weaker rand helped it into a profit.
Grindrod loco lease business targets Africa
Logistics company Grindrod said its new locomotive leasing business would target companies operating in Africa where infrastructure was poor.
Forbes Coal to buy Ikwezi Mining KZN coal
Forbes Coal is to buy a property adjacent to its Magdalena mine in KwaZulu-Natal province for R8m from Ikwezi Mining.
Sable chairman says Nimba will get money
Sable Mining would be able to find the money required to build its Nimba iron ore mine in Guinea, said newly appointed chairman, Jim Cochrane.