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South African gold output falls most since February 2017 in May

By: Bloomberg     12th July 2018 Gold output in South Africa, once the world’s biggest producer of the metal, declined the most since February 2017 in May. Production dropped 16.2% from a year earlier, compared with a revised 5.8% contraction in April, Pretoria-based Statistics South Africa said Thursday in a statement on its... 

Coal India output, sales rise as power plants rebuild stockpiles

By: Bloomberg     2nd March 2018 Coal India Limited's shipments rose 4.8% from a year ago and output increased for a seventh straight month as power plants bought up fuel to replenish stockpiles and meet increasing demand for electricity. Sales totaled 49.97-million metric tons in February, according to a stock exchange filing... 

Implats ups production but earnings fall on low prices

By: Martin Creamer     1st September 2016 Platinum mining company Impala Platinum (Implats) reported increased production in the 12 months to June 30 but plummeting headline earnings a share on low metal prices. Production rose 12.7% to 1.44-million ounces, but headline earnings a share fell 67% to 12c a share on R3.5-billion-higher... 

Petra’s shares fall as it reports Q1 production figures

By: Megan van Wyngaardt     28th October 2015 Petra Diamonds’ share price on the LSE fell more than 16% on Wednesday, as the company reported on its production figures for the first quarter of the 2016 financial year. Production rose 1% year-on-year to 842 796 ct, which the company described as a solid start to the year. 

Petra expects diamond prices to remain firm, lowers output forecast

By: Natasha Odendaal     29th January 2013 Diamond prices were expected to remain firm during 2013, Africa-focused diamond producer Petra Diamonds CEO Johan Dippenaar said on Tuesday. Speaking during a conference call to discuss the group’s 2013 interim performance, he said the rough diamond market remained flat during the first half of... 

Gold Fields Q3 earnings fall as strikes bite

By: Reuters     26th November 2012 Gold Fields, the world's fourth largest gold producer, posted a 19% fall in third quarter earnings on Thursday that fell short of expectations as a fire and illegal strikes at its South African mines ate into profit. Gold Fields, a South Africa-based miner with global operations, said adjusted... 

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