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Alrosa underpins positive diamond sentiment

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Major Russian diamond producer Alrosa is upbeat on medium-term prospects for the rough diamond market but there are short-term worries over price volatility and the situation at Marange in Zimbabwe.

Rio to sell Chapudi coal project

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Resources giant Rio Tinto has reportedly put its Chapudi coal exploration assets in South Africa up for sale.

Randgold share price spikes 10%

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Randgold's share price has spiked by 10% or 50 cents to R5.50.

More options on gold being offered

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Gold bulls are being offered more long-shot investment options following the pioneering work of Wits Gold in exploring the unmined, deep-level resources left on the Witwatersrand.

Highveld confirms name change to Evraz Highveld

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Highveld Steel and Vanadium, South Africa's second-largest steel producer, on Friday said it would trade under its new name Evraz Highveld Steel and Vanadium (EHS) from Monday July 19.

Metorex declares Lubembe resources estimate

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Diversified mining group Metorex has declared a resources estimate of 1.5 million tonnes of copper at its Lubembe deposit in the Democratic Republic of the Congo.

First Uranium granted TSX review extension

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Canadian uranium junior First Uranium, has advised that it has received a 30-day extension of their Toronto Stock Exchange (TSX) listing review.

Namdeb workers to down tools over wages

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Workers at diamond producer Namdeb, a 50-50 joint venture between De Beers and the Namibian government, plan to strike from Monday over pay, the company says.

Japan’s Itochu takes 10.3pct stake in Extract

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Extract Resources, the Australian mining company focused on developing uranium projects in Namibia, says Japan's Itochu Corporation had agreed to acquire a 10.3% stake in its business.

Anglo facing Minas Rio delay

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Land issues may force Anglo American to delay the start-up of its Minas Rio iron ore project in Brazil, according to a report by Dow Jones.