Gem prices to remain static in 2012, says Harry Winston boss

Harry Winston, which reported a $4.7-million third-quarter loss on a write-down, expects to see diamond prices remain flat next year, as a build up of rough inventories works its way through the market. Chairperson and CEO Robert Gannicott on...

EMED targets 15Mt/y by 2015 at Spanish project

EMED Mining, which is reopening the the historical Rio Tinto mine upon which the world’s third biggest mining company was founded, hoped to produce 15-million tons of copper yearly there by 2015, MD Harry Anagnostaras-Adams said on Thursday....

Impending shortfall leads to rising African uranium production

An impending shortfall in the supply of uranium will become apparent in the next two years, within which time production of the mineral from African resources will rise to significant levels, predicts resource consultant and contractor MSA...

Giant aggressively pursuing $10,2-billion project suite

Resource giant BHP Billiton continues to aggressively pursue organic-growth opportunities - both greenfields and brownfields - and has added nine new projects, valued at $2,1-billion, to its diverse business portfolio.

Moz aluminium expansion ahead of schedule

Resource giant BHP Billiton's expansion of the Mozal 2 aluminium smelter in Mozambique is ahead of schedule, with full production expected by the end of 2003, the company said last week.

Miners do well in SA sustainability rating

Mining groups have fared well in the first sustainability rating of the top 40 companies on the Johannesburg bourse, a measure which examines their commitment to the environment and social development.

Mining giant sell potash business

Resource giant Anglo American has entered into an agreement to sell its wholly-owned subsidiary, Cleveland Potash, to a subsidiary of Israel Chemicals (ICL).

Aussie shareholders resist share swap

Resource giant BHP Billiton faces shareholder opposition to plans to switch its Australian shareholders into London-traded stock, the Australian Financial Review reported.

SA gem miner in Angola talks

Speculation is rife that black empowerment firm Mvelaphanda Holdings will be holding discussions this week with resource giant Rio Tinto regarding a diamond deal in Angola which could produce immediate benefits for the South African firm.