Rio Tinto H1 earnings down amid softer commodity prices

Lower commodity prices in the six months to June 30 contributed to diversified mining giant Rio Tinto reporting lower earnings for the period. The group on Thursday posted a 71% drop in first-half... 

New Cesa CEO aims to strengthen measures to counter corruption

As the new CEO of Consulting Engineers South Africa (Cesa), Lefadi Makibinyane has made it his primary focus to ensure that the consulting engineering sector delivers quality service and that there... 

Govt’s effectiveness in stabilising mining sector questioned

Government had failed to play an effective facilitative role and to create a predictable and stable environment in the local mining industry, Webber Wentzel partner and head of Africa mining and... 

Government’s effectiveness in stabilising mining sector questioned

Government has failed to play an effective facilitative role and to create a predictable and stable environment in the local mining industry, Webber Wentzel partner and head of Africa mining and... 

Centamin to pursue further opportunities in Ethiopia

Egypt-focused gold miner Centamin, which is facing ownership challenges at its flagship Sukari mine, could diversify geographically and was considering further opportunities in Ethiopia. Aim-listed... 

Goldplat to start development on third recovery operation by year-end

With its two existing gold recovery operations in Africa performing “solidly”, Aim-listed Goldplat was planning to start development on a third such operation by the end of this year. In a... 

Botswana Diamonds granted exclusivity period extension

Aim-listed Botswana Diamonds has been granted an extension to an agreement, signed in February, providing it with a three-month exclusivity period to review data on 13 licence blocks in the Gope... 

Gem Diamonds Q1 output down 38% on lower grades

LSE-listed Gem Diamonds’ output for the first quarter of 2013 fell by 38% to 18 775 ct, compared with the 30 181 ct in the fourth quarter of 2012, mainly owing to the lower quality diamonds mined... 

Harmony to report lower output for March quarter

Multi-listed Harmony Gold on Monday warned that its gold output for the quarter ended March 31, 2013, would be about 15% lower than the 291 734 oz produced in the quarter ended December 2012. The... 

Range River offer ‘inadequate, opportunistic’ – Firestone

Dual-listed Firestone Energy again on Monday advised its shareholders to reject the hostile takeover offer by ASX-listed Range River Gold. In a statement to shareholders, Firestone CEO David Knox... 

Centamin sets 320 000 oz output target for Sukari

Egypt-focused gold miner Centamin expects to produce 320 000 oz of gold, at a cash operating cost of $700/oz, at its Sukari mine this year. This would represent a 22% increase on the 262 958 oz... 

Penumbra mine on track to reach steady-state production by June

JOHANNESBURG (miningweekly.com) – South African thermal coal producer Continental Coal on Tuesday said its Penumbra coal mine was on track to reach steady-state production of about 63 000 t a month... 

Diamond tender earns Namakwa $970 000

A February tender of rough diamonds produced by Aim-listed Namakwa Diamonds’ South African subsidiaries earned the company about $970 000 in revenue. The company sold 1 962 ct at an average price... 

Sibanye confirms Beatrix 4 shaft production resumes

JSE- and NYSE-listed Sibanye Gold on Tuesday confirmed that partial production at its Beatrix 4 shaft had resumed on Monday, in line with expectations. Operations at the mine were suspended on... 

Partial production at Beatrix 4 shaft to resume Monday

Partial production at JSE- and NYSE-listed Sibanye Gold’s Beatrix 4 shaft would resume on February 25, with the mine expected to have lost 1 029 oz of gold during the four-day suspension.... 

Resgen starts Boikarabelo mine construction

ASX- and JSE-listed Resource Generation (Resgen) on Thursday said construction activities at its $630-million Boikarabelo coal mine, in Limpopo, had started, in line with earlier announcements.... 

Sibanye suspends Beatrix 4 shaft ops following fire

Newly listed Sibanye Gold has suspended operations at its Beatrix 4 Shaft, after a fire broke out in a raise line on 20 Level on Tuesday. Beatrix mine management and mine rescue teams have... 

Penumbra mine on track to reach steady-state production by June

South African thermal coal producer Continental Coal on Tuesday said its Penumbra coal mine was on track to reach steady-state production of about 63 000 t a month by June. The coal mining and... 

Lonmin Dec output ahead of ramp-up target

Platinum miner Lonmin on Thursday reported that its production for the quarter ended December 31, 2012, had “substantially exceeded” its planned production ramp-up following labour disruptions late... 

Jubilee buys site for ConRoast facility in Middelburg

JSE- and Aim-listed Jubilee Platinum announced on Tuesday that it would acquire a brownfields smelting facility, in Middelburg, in South Africa’s Mpumalanga province, for $14-million, to become the...