Lucara seeking $100m sales/year acquisition
Lucara Diamonds, which mines in Botswana, is seeking to extend sales by buying or joining with another diamond producer with $100m in revenue a year.
Coal employers offer 5.6% wage lift
The Chamber of Mines offered a 5.6% wage lift for employees in the coal sector and said it was hopeful of finding a speedy conclusion to negotiations.
BCX lifts stake in Gold One to above 90%
The Chinese consortium in BCX Gold Investment has increased its shares in Gold One to above 90% triggering a mandatory offer to minority shareholders.
Harmony to write down up to $280m
Harmony Gold is the latest gold company to impair assets saying it would write down up to $280m of which the bulk was Hidden Valley in Papua New Guinea.
Universal to sell coal to Exxaro Resources
Australian coal mining junior, Universal Coal, is to sell 100,000 tonnes a year of export quality coal to Exxaro Resources.
Village asks police to help end strike
Village Main Reef approached the South African Police Services to help it end a week long sit-in at its Consolidated Murchison mine.
Atlas Copco to shed more jobs
Atlas Copco, the engineering group, said it would retrench more employees as the mining slump hit demand for its drill rigs and loaders.
Anglo results give Cutifani much to do
Analysts said relatively poor quarterly production results underlined the task at hand for new CEO, Mark Cutifani.
Anglo chief Cutifani to chair De Beers
Mark Cutifani, CEO of Anglo American, has been appointed chairperson of De Beers, a position to takes over from Anglo predecessor, Cynthia Carroll.
Strike overhang limits Anglo iron ore
A strike at Sishen, which is owned by Anglo American subsidiary Kumba Iron Ore, held by total iron ore production in quarterly output figures released by the UK firm.