October 11, 2011

ROCKWELL DIAMONDS: Rockwell to ramp up production profile with finalization of Tirisano acquisition

VANCOUVER, Oct. 11, 2011 /PRNewswire/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) announces the completion of the Tirisano Mine project acquisition. The effective…

October 11, 2011

Contractors strike at Aquarius Platinum’s Everest Mine

A mining contractor at Aquarius Platinum's Everest Mine is on strike. The strike has been called by the Association of Mining and Construction Unions, which is demanding full organizational rights…

October 11, 2011

Avion’s Kofi C Zone Returns Further High Grade Intercepts, Mali, West Africa

TORONTO, ONTARIO--(Marketwire - Oct. 11, 2011) - Avion Gold Corporation (TSX:AVR)(OTCQX:AVGCF) ("Avion" or the 'Company') is pleased to announce the results from 45 drill holes totaling 9,367 metres completed over…

October 11, 2011

Liberian President ‘A Role Model’

The Israeli diamond industry said Liberian President Ellen Johnson Sirleaf President is especially worthy to receive the Nobel Peace Prize.

October 10, 2011

Exxaro’s end to South African zinc refining ‘clearly unfortunate’

The end that black-controlled JSE-listed Exxaro Resources will put to local zinc refining by December 31 is “clearly unfortunate”, says International Zinc Association of Southern Africa regional director Rob White.

October 10, 2011

South Korea’s Komipo buys high calorific value coal

South Korean utility Korea Midland Power (Komipo) has bought three Capesizes of NAR 5,900kcal/kg coal South African coal and one Capesize of the same-specification Canadian coal for about $114/t each…

October 9, 2011

Sudan to produce 7 tonnes of gold in 2011 to make up for lost oil from south

Reuters reports Sudan said on Sunday it expects its mining industry to produce around 7 tonnes of gold in 2011 and it plans to launch a gold refinery next year…

October 9, 2011

South Africa’s gold miners await technology breakthrough to save them

Fin24 reports South Africa's gold mining industry is under such cost pressure, owing to gold reserves that are too deep to be mined profitably, that within a decade or two…

October 9, 2011

Pyrrhic victory for Mugabe as Rio Tinto gives up control of tiny diamond mine, but likely drops $200 million expansion

News reports on Saturday say Rio Tinto's Zimbabwe subsidiary Murowa Diamonds has ceded 51% of its equity to comply with a new law that requires Zimbabweans to own the majority…

October 8, 2011

Shanduka seeks higher stake in coal

South Africa's Shanduka Group said on Friday it wants to increase its stake in a coal venture it operates with global trader Glencore, although it would not confirm what that…