Record profits for Gem Diamonds
Gem Diamonds earned record profits in the six months to end-June as prices for the top class diamonds it produces from the Letseng and Ellendale mines went through the roof.
Optimum Coal buys prospecting rights from BHP
Optimum Coal has bought two prospecting rights from BHP Billiton in a move to boost its portfolio.
Num rejects revised Implats pay offer
The National Union of Mineworkers says its members at Impala Platinum have refused a revised pay rise offer from the company and will refer the dispute to arbitration.
Pan African to spin out Manica
Pan African Resources will list its Manica gold project separately to speed up development while it focusses on growing its core South African businesses.
Harare ultimatum to foreign firms
Zimbabwe has given foreign companies a 14-day ultimatum to submit "acceptable' plans on transferring majority stakes to locals or risk losing permits.
Gold tops $1,850/oz
Gold has surged more than 1% to a record high above $1,850 an ounce, as investors reach for the safety of bullion amid a worsening economic outlook for the USA.
Num explains its nationalisation stance
The National Union of Mineworkers has reiterated its support for the nationalisation of mines, but says such a policy should be informed by the country’s developmental needs.
Kumba responds to Sishen right uncertainty
UPDATED: Kumba Iron Ore has drawn a line under any uncertainty over its 78.6% mining right in Sishen, arguing the right is secure in accordance with the MPRDA.
Exxaro coins it from coal and mineral sands
Coal and heavy mineral sands paid off big-time for Exxaro Resources in the six months to end-June, along with the usual hefty contribution from its stake in Kumba's Sishen iron ore mine.
Shabangu worried about mine ‘carnage’
Mines Minister Susan Shabangu has described the mounting death toll in the country's mines as "carnage", saying there is a link between the pursuit of profits and the body count.