Supply crunch signals uranium boom
Gold is justifiably hogging investors' attention, but the uranium market is looking interesting, judging from presentations made by producers at recent conferences.
BHP, Rio call off iron ore venture
BHP BILLITON and Rio Tinto ditched plans to form the world's biggest iron-ore joint venture, in a victory for steel makers and a move that could prompt both miners to step up competing expansion plans.
Steel unmoved by ditched Rio/BHP venture
News that global miners Rio Tinto and BHP Billiton have abandoned plans for an iron ore joint venture is unlikely to hit the steel market, analysts say.
Rising gold output ‘not sustainable’
Recent growth in SA's gold production output is unlikely to be sustained, given the growing cost competitiveness of mines located elsewhere, says Fitch.
Harmony to close Merriespruit shaft
Harmony Gold says it will be closing its Merriespruit 1 shaft in Virginia after the failure of a productivity-linked deal with unions.
The Bafokeng and AngloPlat bury the hatchet
Royal Bafokeng Holdings and Anglo Platinum have settled their differences and are totally focused on making a success of Royal Bafokeng Platinum according to CEO Steve Phiri.
Strike over at Northam’s Zondereinde mine
Striking workers at Northam Platinum's Zondereinde mine are expected to return to work, following a revised pay rise offer from the company.
RBPlat given R10bn price tag
Royal Bafokeng Platinum is to list on the JSE with an estimated market cap of between R9.1bn and R10.6bn, says the group.
Rockwell Diamonds cuts losses
Rockwell Diamonds is back to operating profitability and has reduced its overall loss position significantly on the back of rising production and rough diamond prices.
Grupo Carso hedges gold production
MEXICAN billionaire Carlos Slim's Grupo Carso has bought protection from volatile metals prices through 2013 as the company expands its mining business.