Shabangu must act on Sishen dispute
Top rated analyst David Pleming of Macquarie First South Securities has called for mining minister Susan Shabangu to take a leadership role in dealing with the mining rights dispute at Sishen.
Platinum juniors take a beating
Platinum juniors and explorers are getting battered by current volatile market conditions with Wesizwe Platinum and Platinum Group Metals amongst the worst affected.
Northam halts ops at Zondereinde after accident
Northam Platinum says it has halted production at its Zondereinde mine in Rustenburg after two miners were killed, the latest in a spate of accidents.
Simmers finally takes over Tau Lekoa
UPDATED - Shares in Simmer & Jack Mines shrugged off a weak initial response to its eventual purchase of Tau Lekoa mine to trade some 18% higher in mid-afternoon trade.
Randgold & Exploration eyes higher H1 earnings
Randgold & Exploration says earnings per share for the six months ended June 2010 will be between 1 050c and 1 105c per share greater than the comparative unaudited earnings per share of 1c per share for the six months ended June 2009.
Xstrata-Merafe Chrome Venture mining unhindered
Merafe Resources says on that the Xstrata-Merafe Chrome Venture's mining operations will continue as planned while the company prepares to present its case to the Department of Mineral Resources.
Tawana completes A$660 000 placement
Australian and JSE listed diamond exploration company Tawana Resources has completed the placement of 66 million shares at 1 cent per share to raise A$660 000.
Rough diamond prices could weaken
Rough diamond prices could pull back 5% to 10% in the short-term but the medium-to-long term outlook remains good because of the forecast shortage in supply.
Aquarius shares recover after DMR meeting
Shares in Aquarius Platinum, the world's fourth-largest platinum producer, have risen more than 15% following the company's reassurances that it had a say in how it improved safety at its mines.
Petra hails ‘step change’ in fortunes
Petra Diamonds declared that for the year ended June it enjoyed "a highly progressive year" helped by a moderate increase in production and much higher prices for gems.