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Gold and gold shares to rise this year

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The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.

China firm wins bid for Tanzanian iron ore mines

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China's Sichuan Hongda will invest $3bn in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation says.

Gem gets Gope mining licence

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Gem Diamonds has been awarded a mining licence for the Gope deposit in Botswana's Central Kalahari region and aims to start production in 2013.

Rio sets iron ore record, coal hit by floods

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Rio Tinto's iron ore output has reached record levels due to Chinese demand, but coal production suffered from floods in Australia.

Majali case withdrawn

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A case relating to the "hijacking" of a company was formally withdraw in court following the death of businessman Sandile Majali.

Coking coal may hit $500 a tonne:analysts

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Spreading floods in Australia, which produces half the world's coking coal, may push prices even higher say analysts.

Sentula raises R740m senior debt facility

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Sentula Mining has announced that it has received final credit approval for a facility in the amount of R740m from a consortium of financial institutions to refinance the group's existing senior debt facility and provide liquidity to the group.

Rockwell revenue rockets by 44pct

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A strong recovery in diamond prices has boosted quarterly sales of the Canadian-based Rockwell Diamonds.

Warnings sounded on SA platinum output

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The outlook for platinum group metals is good according to JP Morgan Cazenove and RBC Capital Markets but the two firms also reckon the prospects for the SA platinum sector are not.

Sishen: the saga continues

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The drama over mineral rights for Kumba Iron Ore’s valuable Sishen Mine will play out in the courts this week.