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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.

KCM investors pencil in August showdown

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The diamond group's shareholders are determined to vote out the board and restore value, possibly with the help of Phillip Dexter, a member of an opposition party in South Africa's parliament.

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.

Coal exports drop way below target

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Exports by the Richards Bay Coal Terminal plunged in June in spite of a healthy recovery in coal railed to the terminal by Transnet Freight Rail after the strike in May.

Harmony to sell Mt Magnet for $35m

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In an effort to further streamline its business interests, Harmony Gold has sold its Australian asset, Mount Magnet, for a sum of $35m, the company said.

RBCT coal exports tumble in May

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South African coal exports from Richards Bay Coal Terminal fell to 4.01 million tonnes in June from 4.6 million in May, exporters said.

Harmony closes Joel temporarily

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Harmony has shut down the Joel mine in the Free State for up to six weeks to carry out repairs and modifications in its North Shaft.

First Quantum ‘shaken down’ in DRC

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UK institution Numis Securities reckons First Quantum Minerals has been "shaken down" in the DRC but still rates the company as a strong buy because of its other assets.

Mineworker dies at AngloGold’s Tau Lekoa mine

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The National Union of Mineworkers (NUM) has reported a fatality at AngloGold Ashanti's Tau Lekoa mine in Matlosana - formerly Klerksdorp.

Aquarius may lose 2,000 oz from Marikana

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Aquarius Platinum said its 4 shaft at the Marikana mine near Rustenburg could be suspended for two weeks cutting output by up to 2,000 ounces.