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Mining

Gemfields unearths rare ruby in Mozambique

Nov 26 2014 12:20

British miner Gemfields has found a 40.23-carat rough ruby in Mozambique, and termed it as "one of the most important rubies unearthed in recent times".

Mining

Hulamin buys BHP's SA aluminium casthouse

Nov 24 2014 15:02

Aluminium-products maker Hulamin is part of a group which has signed a deal to buy a casthouse from BHP Billiton, sending its shares higher.

Mining

BHP Billiton signs R10bn empowerment deal

Nov 24 2014 13:13

BHP Billiton has agreed to sell its Bayside casthouse in Richards Bay to Isizinda Aluminium, a broad-based black economic empowerment consortium.

Mining

African Minerals mulls mine stake sale

Nov 21 2014 18:30

African Minerals will seek to sell part of its stake in the Tonkolili iron ore mine in Sierra Leone in what analysts say is a last-ditch effort to stay afloat.

News

Glencore wins interdict against NUM strike

Nov 20 2014 09:16

Glencore has won an interim interdict in the Labour Court against the National Union of Mineworkers conducting a secondary strike at its Optimum Coal mine.

Mining

Gold Fields dips on lower output

Nov 20 2014 09:50

Bullion producer Gold Fields has posted a 6% drop in third-quarter earnings after its flagship South Deep mine saw an 18% decline in production.

Economy

Bid to make mines safer

Nov 19 2014 19:35

An initiative to make mining safer and provide skills to workers has been announced at the mine health and safety summit held, says the Chamber of Mines.

Mining

Gemfields' South African boss has big plans

Nov 19 2014 12:33

Gemfields CE Ian Harebottle is aiming for a $1bn business in the next 18 months and says in two to three years' time he may even ask 'shall we buy De Beers'?

Economy

Big five gold mines to tackle lung disease

Nov 18 2014 19:01

Five of the country's largest gold mining companies have formed an industry working group to address occupational lung disease.

Mining

Top platinum producers launch investment body

Nov 18 2014 12:07

Six of the world's biggest platinum producers have launched a dedicated body to promote the precious metal as an investment vehicle.

Inside Fin24.com

 
Mining

Glencore Xstrata to shut mine during Christmas

Nov 14 2014 13:50

Mining and commodities giant Glencore Xstrata says it will close its Australian coal mines for three weeks during Christmas owing to weak prices and oversupply.

Mining

Debswana, De Beers celebrate anniversary

Nov 13 2014 17:38

The partnership between Debswana, the government of Botswana and De Beers was celebrated in Gaborone recently.

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