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Rockwell Q1 revenue up 118pct to C$8.5m

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Mid-tier diamond producer Rockwell Diamonds has reported a 118% increase in first quarter revenue from rough diamond sales to C$8.5m from C$3.9m previously.

Mechanised mining in the spotlight

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There are concerns the Department of Mineral Resources is about to impose strict new standards on mechanised platinum mines but this is denied by chief inspector of mines Thabo Gazi.

Kumba foists price hike on Arcelor

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Kumba Iron Ore turned up the heat in its iron ore dispute with ArcelorMittal asking the steelmaker to accept higher prices for its product, or suffer the consequences.

Merafe to return to the black

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Merafe Resources said on Thursday it expected to report a return to black for the six months to the end of June.

Deposed Le Riche to fight board coup

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FORMER diamond group CEO, Hein le Riche, re-surfaces - spitting mad - ahead of extraordinary AGM to turf out board.

Northam, Jubilee to explore furnace plan

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Northam Platinum and Jubilee Platinum have agreed to explore development of a 'ConRoast' facility in the first step to developing another source of furnace capacity in South Africa's platinum industry.

Absa raises R128m bond issue for Simmers

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Absa Capital has raised R128m in a high yield, unrated bond issuance for Simmer & Jack Mines.

Highveld Q2 hot metal output jumps

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Highveld Steel and Vanadium, SA's second-largest steel producer, has reported a 19.1% increase in year-on-year production in the second quarter of 2010.

Jubilee Platinum makes ConRoast breakthrough

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Northam Platinum is looking at a JV with Jubilee Platinum which would utilise Jubilee's revolutionary ConRoast smelting technology to treat platinum concentrates from Northam's Booysendal mine.

NUM overwhelmingly rejects Kumba’s wage offer

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The National Union of Mineworkers says thousands of its members had "overwhelmingly" rejected Kumba Iron Ore's wage offer.