Kumba Iron Ore declares force majeure after derailments
TWO derailments that occurred on a railway line linking Kumba Iron Ore's Sishen mine in the Northern Cape province to Saldanha Bay in the...
Diamond jewellery demand driving sales, says De Beers’ Cleaver
DIAMOND sales following De Beers' fourth sight came in at $550m, representing a $28m improvement on sales recorded for the same sight in the...
Pouroulis’ Karo plans to manufacture catalytic converters
VETERAN mining enterpreneur, Loucas Pouroulis, wants to use some of the output from a proposed $4.2bn platinum project in Zimbabwe to manufacture catalytic converters,...
Senior Zanu/PF MPs to protect Mugabe from diamond hearing
SENIOR parliamentarians were opposed to former Zimbabwe president, Robert Mugabe, making a public appearance in which he would answer questions regarding missing billions linked...
Mining pick-up spurs Barloworld to 14% interim earnings gain
IMPROVED mining activity lifted sales of heavy equipment for Barloworld, a dealer for Caterpillar, which was behind a 14% increase in interim earnings, said...
Opposition parties fear DRC’s Kabila is preparing for re-election
FEARS are growing that Joseph Kabila, president of the Democratic Republic of Congo (DRC), may run for re-election for a third term, a development...
Kibo Mining to discuss Mabesekwa project with Chinese EPC firm
KIBO Mining was in discussions with Chinese engineering, procurement and construction (EPC) company, Sepco III, regarding the extension of a co-operation agreement that would...
Anglo to sell up to 30% in Quellaveco to Japanese companies
THE long-mooted sale of a stake in Anglo American's Peru copper project, Quellaveco, would be to Japanese companies such as Mitsubishi - an entity...
Gemstone miner to pay compensation to Tanzania after ‘violations’
TANZANITE One is to pay compensation and overdue taxes to the Tanzanian government after acknowledging violations, said Reuters.
Under president John Magufuli, Tanzania has been...
PGMs to remain critical feature as Tharisa plots future
THARISA CFO, Michael Jones, expressed genuine surprise that his company was twice the value of Lonmin. At a market capitalisation R5bn, Tharisa has come...