Congo’s Sicomines produces first copper
A copper mining joint venture between two Chinese companies and the Democratic Republic of Congo has produced its first metal.
SA’s blue gem may fetch up to $55m
An auction of two coloured diamonds in Geneva this week may fetch record prices as interest in so-called 'fancy' gems grows.
Steenkamp appointed CEO of Harmony Gold
Peter Steenkamp will return to Harmony Gold in January where he will replace Graham Briggs as the gold firm's CEO.
Acacia parts ways with COO Ash
Acacia Resources said it had parted ways with its chief operating officer, Michelle Ash, leaving the direct operating responsibility with CEO, Brad Gordon.
Carroll “very good at M&A” Vedanta’s Argawal
Former Anglo American CEO, Cynthia Carroll, would bring a new perspective to Vedanta, said the Indian firm's chairman Anil Argawal.
Kumba full-year numbers to be 20% lower
Kumba Iron Ore said full-year earnings were expected to be a fifth lower owing to a decline in iron ore export prices.
Kumba to amend iron ore price to AMSA
Kumba Iron Ore will amend its long-term pricing mechanism with ArcelorMittal South Africa in which sales of the mineral will be based on export parity prices.
AMCU slams Lonmin’s rights offer ultimatum
AMCU said government should confiscate Lonmin's mining licence after it said it may be forced to shut if shareholders did not support a $400m rights offer.
Botswana diamond mines less competitive
Botswana has discovered that its reliance on diamond mining is hurting its economy as prices for gems slide amid a slow-down in China.
Diamondcorp requests grace on debt
DiamondCorp has asked the Industrial Development Corporation to roll up interest payments it is due whilst it tackles geological difficulties at its Lace mine.