December 21, 2011

Kumba: the unintended beneficiary in Sishen saga

While the judge ruled in favour of ArcelorMittal in the dispute between it and Imperial Crown Trading, Kumba has emerged with some of the spoils

December 21, 2011

Petra sells 4.8 carat blue diamond for $1.45mn

The African-focused diamond miner has sold its 4.8 carat blue diamond, produced from South Africa's famous Cullinan mine, for $1.45 million.

December 21, 2011

Anglo American’s Kolomela iron ore mine delivers first ore

The miner said the $1 billion Kolomela iron ore mine in South Africa has exported its first shipment, putting the project ahead of schedule and on track to achieve full…

December 21, 2011

AngloGold keeps Mariana stake

AngloGold Ashanti (ANG), Africa's largest gold producer, now holds a 19.9% stake in exploration and development company Mariana Resources.

December 21, 2011

Diamondcorp recovers gem quality stones at Jwaneng South

DiamondCorp (LON: DCP) said today its latest drilling at Jwaneng South in Botswana had recovered 23 macro diamonds of mostly clear gem quality.

December 20, 2011

Zimbabwe government may force platinum miners to set up refineries

Concerned about the un-taxed export of byproducts refined from platinum, the Zimbabwean government is considering drafting laws that would force platinum mining companies to set up refineries.

December 20, 2011

Anglo American mulls sale of Amapa iron ore stake – sources

Several industry sources say the miner is considering selling its majority stake in the Amapa iron ore operation in Brazil to focus on its flagship Minas-Rio growth project.

December 19, 2011

First Uranium to lay off 1,850 employees at South African mine

First Uranium said it plans to lay off up to 1,850 employees at its Ezulwini Mine in South Africa.

December 19, 2011

London Mining delays first Marampa shipment

The miner has delayed the first shipment from its Marampa iron ore mine in Sierra Leone to January to allow it to use larger supramax sized vessels instead of handymax…

December 17, 2011

Blood diamonds ‘will pay for Mugabe’s terror’

Conflict diamonds are to be used to fund a new campaign of violence by President Robert Mugabe's regime against his political opponents in Zimbabwe as elections loom.