Palabora production for Q1 up 9%
Palabora Mining Company has reported a quarter-on-quarter increase in production of 9% for the first quarter of 2010.
AngloPlat’s power house mine
Anglo Platinum's Mogalakwena open cast mine near Mokopane in Limpopo Province is the group's "jewel in the crown" because of its low operating costs and extremely long economic life.
China firm to invest $600m in Zambia copper
A Chinese firm is to invest $600 mln in Zambian copper mines.
AngloPlat considers raising output
Anglo Platinum CEO Neville Nicolau says the group may increase production by up to 200,000oz of platinum this year in response to improving market conditions.
S.Korea steel body joins iron ore price protests
The Korea Iron & Steel Association said it has joined European and Chinese steel bodies to oppose recent raw material price increases.
De Beers extends sight contracts by a year
De Beers' company, the Diamond Trading Company, extends sightholders' contracts by a year.
RUSAL to restart a mothballed plant
Russia's UC RUSAL, the world's biggest aluminium producer, plans to boost output and restart a mothballed plant after reporting a better-than-expected profit for the second half of 2009.
Rough diamonds show resilience
Continued strong demand for rough diamonds will see significant gains in revenue and cash flow for all diamond miners this year according to RBC Capital Markets analyst Des Kilalea.
Rio sounds death knell for annual iron ore pricing
Rio Tinto says it is dumping the annual iron ore pricing in favour of quarterly pricing. It is the last of the top three to do so.
Barend Petersen new CEO of De Beers
Diamond giant De Beers has announced the appointment of Barend Petersen as CEO of De Beers Consolidated Mines (DBCM) with effect from April 2010.