Company got about $279,000 from the sale of 6,442 carats.
Chinese steel mills are humming and rapidly depleting domestic iron ore mines face tough new environment rules from Beijing translating into surging demand for imports.
Platinum sector workers will be happy with 208%, while gold miners seek a 150% wage increase. Industry is offering 0.6%.
Amplats' main union obtained permission for a legal strike two weeks ago, after exhausting mediation procedures.
The country’s gross domestic product expanded at an annualized rate of 0.7% in the period, down sharply from the 3.2% in the second quarter.
The new developments are expected to supply nearly 60 additional million tonnes a year.
Mining giant showed the door to an unconfirmed number of contractors at its Argyle diamond mine and is planning job cuts at its coal operations.
The miner and trading house ranks now among the top three on the JSE in terms of market capitalization.
World's third largest platinum producer posted best output in six years.
Robert Friedland's African projects capture the interests of China National Gold after state-owned firm said no to African Barrick.
Parliament to sleep on proposed reforms.
The cost-cutting miner, however, warned it's in the process of exiting a number of exploration projects in 13 "non-core" countries.
The man, ambushed outside his home in the mining town of Mooinooi, became the fourth person with ties to the NUM murdered in the platinum belt region in the past three months.
The deal, effective Jan. 1, marks the end of all existing legal battles between the two companies.
Workers at Northam Platinum put down their tools. Others may follow.
Impala Platinum Holdings Ltd. (Implats) and Anglo American Platinum (Amplats) operations to be affected.
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With positive sentiment returning to the gold market, investors took the chance to jump back into mining stocks.
Anglo's Collahuasi copper mine more than doubled output to 63,600 tonnes, way above analysts’ expectations.
In other words, he hopes to create a “Platinum Valley.”
Bernard Swanepoel offers some ideas on how miners can recover their reputation.
Strike cost Anglo American Platinum more than 40,000 ounces in lost production, or $100 million in lost revenue.
The finding is the first definitive proof of a comet exploding in the Earth's atmosphere.
The rest of the continent is drawing money away from the country's mining industry struggling with soaring costs and industrial strife.
Footage shows a commander congratulating his officers for a well-executed plan.
Says it won't back down until company abandons plans to fire 3,300 workers.
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