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By: Reuters Updated 23 minutes ago South African police used rubber bullets on Friday to disperse strikers from the Association of Mineworkers and Construction Union (AMCU) who were blocking the entrance to a mine operated by London-listed DiamondCorp, a police spokesperson said. Police spokesperson Stephen Thakeng told Reuters... →
By: Reuters Updated 36 minutes ago Mamsi Ngobeni sat alongside the main road of the South African platinum belt town of Marikana, hunched over a table with a pile of onions, apples, loose cigarettes and tomatoes. By just after noon she had sold about R20 ($1.8245) worth of goods, well down from what she said was her usual R1 000... →
By: Leandi Kolver Updated 2 hours 51 minutes ago Engineering and project delivery company DRA has been awarded the $4.5-million first phase contract of JSE-listed Exxaro Resources subsidiary Exxaro Coal’s Belfast implementation project, in Mpumalanga. The first phase of the project would include the detailed design and engineering of a 500 t/h... →
By: Leandi Kolver Updated 3 hours ago Platinum miner Aquarius Platinum on Friday reported a net profit of $5.21-million for the three months ended September 30 compared with a loss of $10.19-million during the prior corresponding period. This increase was driven by a 3% rise in production, 5% higher dollar prices, lower costs and... →
By: Terence Creamer Updated 3 hours ago The Department of Energy (DoE) reported on Thursday night that it had concluded its first “nuclear vendor parade workshop” with a delegation from the Russian Federation and that further meetings were planned with vendor countries such as France, China, South Korea, the US and Japan. The workshop,... →
By: Esmarie Swanepoel Updated 5 hours ago Softer commodity prices would result in a 1.4% decrease to Australia’s mineral and export commodity earnings during 2015, the Bureau of Resources and Energy Economics (BREE) reported on Friday. During 2014/15, mineral and energy commodity export earnings would fall to A$192-billion, compared... →
By: Esmarie Swanepoel Updated 5 hours ago Embattled nickel miner Mirabela Nickel has reported a solid quarter, despite being in administration. Production during the three months to the end of September reached 2 628 t of nickel in concentrate. This compares with 2 767 t produced during the previous quarter. →
By: Esmarie Swanepoel Updated 6 hours ago ASX-listed junior Red River Resources has raised A$3.6-million through a share placement to fund project development activities and restart exploration at its Southern Region assets, in Queensland. The company said on Friday that about 20-million shares would be placed, at a price of 18c each,... →