Namibia’s Environment Ministry approves Extract Resources’ Husab uranium project

Namibia is one of the world's most significant producers of uranium, currently providing about 10% of the world’s production.

South Africa’s mining production picks up

South Africa’s mining production rose 7,7% year-on-year in January, its first year-on-year increase in six months, Statistics South Africa (Stats SA) revealed on Thursday. Mining output had last recorded a year-on-year rise of 3,4% in July last...

SA’s Q3 mining output drops

Statistics South Africa (Stats SA) on Thursday reported that the country’s mining production had dropped by 15,9% in September and by 7,5% in the third quarter. After seasonal adjustment, third-quarter production decreased by 1,8% compared with...

Daily podcast – January 12, 2009

In today's podcast: a worker dies at Impala Platinum, in Rustenburg; and Investec cuts its 2009 and 2010 price forecasts for platinum, palladium and rhodium.

R&E claims billions from third parties after JCI agreement fails

Fraud-battered mining firm Randgold & Exploration (R&E) on Tuesday further lifted the lid to the Pandora’s box of claims that it has instituted against third parties, after it failed to reach an agreement with JCI. The formerly Brett...

Simmers withdraws 2,5m First Uranium shares from Investec loan

JSE-listed gold producer Simmer & Jack Mines (Simmers) has held back 2,5-million of subsidiary First Uranium’s shares from a loan to corporate banker Investec, it said on Wednesday.

Gem junior DiamondCorp seeks JSE listing

AIM-listed diamond junior DiamondCorp plans to launch a secondary listing on the JSE by October, MD and CEO Paul Loudon said on Wednesday. The firm had appointed Investec as its sponsor, which was already preparing its listing application, he...

Wesizwe Platinum sells R62m of shares

Wesizwe Platinum Ltd., which is exploring for platinum in South Africa, increased its share capital by 8,5% through a private placement, said Investec, which is managing the sale. The company's stock fell.

Gold Fields, Harmony set for hearts-and-minds showdown

The battle for the hearts and minds of Gold Fields shareholders is heating up - Harmony executives have already initiated international and domestic roadshows and the Gold Fields Limited leadership yesterday clarified their objections to...