December 23, 2011

How SA Mining Stocks Fared in 2011

Chrometco tops the SA mining performance charts with a total return of 192% in 2011 to date

December 23, 2011

Leading the supply of roller bearings to South Africa’s mines

Revolvo, which says it is "the UK's largest bearing manufacturer, [and] has established itself as the market leader for split bearings in South Africa, as a result of the activities…

December 22, 2011

Eastplats increases equity interest in Lion’s Head Platinum and ownership in the Mareesburg platinum project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2011) - Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats" or the "Company") is pleased to report that it has increased its interest in the Mareesburg platinum…

December 22, 2011

Canada Wants the Country to Trade Its Diamonds

Canada says it is comfortable with Zimbabwe trading in its Marange gems as the move will strengthen the global diamond industry.

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.