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DIAMONDS

DiamondCorp starts Lace diamond mine development

Southern African diamond development and exploration company DiamondCorp initiated the 47-level development activities at its R384-million Free State-based Lace diamond mine. The JSE- and Aim-listed group said that, with the project now fully...
24th January 2013
 
FINANCIAL RESULTS

Kumba FY earnings climb 19% to R17bn Video Available

Kumba Iron Ore Sishen-Saldanha Anglo American’s Kumba Iron Ore on Thursday reported a 19% increase in headline earnings to R17-billion as export iron-ore prices and export volume sales increased. The JSE-listed company experienced an export sales volume increase of 3%, from...
9th February 2012
 
IRON-ORE

Kumba Iron Ore output up as Kolomela starts production

South African mining group Kumba Iron Ore on Thursday reported a production increase of 4%, reaching 11.2-million tons during the fourth quarter of 2011. The Anglo American subsidiary attributed the higher output to the first production from...
26th January 2012
 
DIAMONDS

Rockwell raises C$6.5m through assets sale

Alluvial gem miner Rockwell Diamonds has raised C$6.5-million by selling three noncore assets, it said on Tuesday. The disposal stems from an asset review the TSX- and JSE-listed company embarked on in the first quarter, and the proceeds will go...
26th July 2011
 
IRON-ORE

Kumba more than doubles profit to R14,3bn

JSE-listed Kumba Iron Ore’s headline earnings more than doubled to R14,3-billion in 2010, helped by a 92% increase in export prices and a 6% increase in export sales volumes. South Africa’s main iron-ore miner on Thursday reported that...
10th February 2011
 
Projects Update

Pilanesberg platinum mine, South Africa

Platmin plans to increase production at its Pilanesberg platinum mine to 12 000 oz/m of three platinum-group elements and gold by December this year.
20th August 2010
 
Breaking News

Canadian miner announces drill results at gem prospect

Canadian miner, SouthernEra Resources has released a report on microdiamond results, returned from the Sue and Sputnik kimberlite pipes at the Yamba Lake Project in the Northwest Territories.
31st October 2002
 
 
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