On Friday, 4 December Standard Bank will list the first rhodium-backed exchange traded fund, (ETF) in South Africa and Africa, completing its suite of available ETFs across the platinum group metal space.
Mining company Vale took the same step because the Beira coal terminal stands idle with the Sena rail line out of action.
Shares of world No. 4 platinum producer Aquarius Platinum have extended recent gains, adding over 7% in the first day of trade in 2013, although charts suggest the company is now overbought.
A lack of cranes, tractors, tugs and other port equipment is affecting the productivity and efficiency of the ports of Beira and Nacala in Mozambique, which can handle only 35% of their export loads.
Gold Fields Limited has confirmed that it hopes to make a decision within three months on the way forward for its proposed West Rand tailings treatment joint venture with Gold One International.
Rough diamond prices have now stabilised after falling from the highs reached in June, according to the newly-published Petra Diamonds interim trading update.
More international firms are eying uranium mining in Tanzania despite worries and concern from the Tanzanian general public, international environmental NGOs and western capitals over mining repercussions that could come with this activity.
AIM-listed MDM Engineering ‒ a company which undertakes mineral resources projects concentrating on the gold, base metals, industrial metals and diamond sectors ‒ has seen no sign of any slowdown so far on mining projects planned for Africa because of global economic worries.
- The Angolan state diamond cutting company, Angola Polishing Diamonds (APD), is producing polished diamonds at a rate of only 20% of its design capacity. This was revealed here by company managing director Miguel Bondo Júnior during a visit by milita...
In line with sharply rising profit margins triggered by the soaring rand gold price, DRDGold ‒ South Africa’s fourth largest gold producer ‒ reports that operating profit for the quarter to 30 September 2011 almost doubled from R111 million last year to R202.5 million.
Conflict mining ‒ a young boy works in a copper mine near Lubumbashi, in the DRC Los Angeles, United States --- MININGREVIEW.COM --- 11 October 2011 - The latest news on United States conflict minerals law is that the state of California has become t...
‒ one of AngloGold’s South African mines Johannesburg, South Africa --- MININGREVIEW.COM --- 27 September 2011 - South African gold producer AngloGold Ashanti Limited ‒ third-largest gold producer in the world ‒ says it is delivering value as a
“We would like to be getting ourselves up to 1 million ounces,” AngloGold executive vice president for Australasia Graham Ehm said in an interview on Wednesday. “That means to bolt on another Tropicana or Sunrise Dam.”