R/€ = 18.04 Change: 0.16
R/$ = 15.96 Change: 0.09
Au 1780.14 $/oz Change: 10.44
Pt 933.50 $/oz Change: -11.00

Latest Videos

New entrant Keaton plans 2 mt/y coal output in medium term 

By: Matthew Hill     24th October 2007 A new coal junior, Keaton Energy, plans to raise some R300-million by the time that it lists on the JSE by end-March, and produce two-million tons a year of the fuel within three years, it said on Wednesday. Speaking to journalists in Johannesburg, MD Paul Miller said that firm could start... 

Podcast - October 24, 2007 

By: Mariaan Webb     24th October 2007 In this podcast: Botswana aims to take its place among diamond cutting & polishing centres of the world; Govt expects to launch far-reaching safety audit; Cames presses ahead with DRC investment. 

On-The-Air (19/10/2007) 

By: Martin Creamer     19th October 2007 In this broadcast: 40 cars power only by sunshine - race from JHB to CT next year; SA & Australia fighting it out for right to list radio telescope; JHB will showcase Manufacturing Technology International Exhibition. 

Simmers lifts its gold output 14-fold in three years 

By: Brindaveni Naidoo     19th October 2007 Gold and uranium miner Simmer & Jack says it produced 140 000 oz for the previous financial year and is aiming for 180 000 oz/y in the current financial year, up from 10 000 oz/y in 2004, and hopes to reach the one-million ounces-a-year mark in the next five years. 

Podcast - October 17, 2007 

By: Shannon de Ryhove     17th October 2007 In the podcast: Sasol Mining unveils plans to sell 20% stake to black investors; Gold Fields sells two international assets; Harmony estimates production losses at Elandsrand at 1 000 kg. 

Think tank, miners meet on social-responsibility report 

By: Olivia Soraya Spadavecchia     16th October 2007 South African platinum-mining companies met on Tuesday with representatives of the Bench Marks Foundation research institute, which published a report in June, criticising platinum-miners in the country for failing to ensure that their operations resulted in benefits to local communities... 

On-The-Air (12/10/2007) 

By: Martin Creamer     12th October 2007 In this broadcast: Eskom considering 5 coastal sites for large nuclear power station; Solar power traffic lights in Cape Town; Making calls from cellphone, no battery, just the warmth of your hand. 

Newly empowered Sasol Mining sets sights on rights conversions 

By: Matthew Hill     11th October 2007 Sasol Mining hopes to have its mineral rights converted next year after announcing a R1,9-billion empowerment deal. The transaction will boost the company's empowerment level to what government requires. The coal-miner revealed a R1,9-billion black economic-empowerment deal on Thursday,... 

Podcast - October 10, 2007 

By: Brindaveni Naidoo     10th October 2007 In this Podcast: SA to conduct mine safety audit after Harmony rescues 3 200 miners; Izak Marais exits Sallies; Katanga secures debt financing for its DRC copper/cobalt project. 

On-The-Air (05/10/2007) 

By: Martin Creamer     5th October 2007 In this broadcast: SA found a way to unlock colossal amounts of coal energy; R3,2-bn to be ploughed into nickel project in Mpumalanga; DRC has wherewithal to outdo SA mining success. 

Podcast - October 3, 2007 

By: Christy van der Merwe     3rd October 2007 In this Podcast: Anglo cuts stake in AngloGold Ashanti by more than half; African Eagle in talks with possible partners for its uranium assets; Centra Rand Gold heads for JHB & London bourses. 

State, diamond cutters at odds over gem supply 

By: Matthew Hill     3rd October 2007 A storm is brewing between government and small diamond cutters and polishers over a reported lack of supply of the gems because of slow progress by the State in its efforts to boost beneficiation of diamonds in South Africa. Department of Minerals and Energy director-general Sandile Nogxina said... 

African Eagle open to talks with SA firms on potential uranium partnerships 

By: Matthew Hill     1st October 2007 Junior explorer African Eagle Resources, which listed on Johannesburg's AltX on Aug 24, called on South African companies that could be interested in partnering it to develop its early-stage uranium prospects to approach it. 

On-The-Air (28/09/2007) 

By: Martin Creamer     28th September 2007 In this broadcast: World's quietest most powerful current revolution - 'Chinafication' of Africa; De Beers' zeppelin airship; Two new wind farms in SA, on here another across our border. 

Podcast - September 26, 2007 

By: Liezel Hill     26th September 2007 In this podcast: Arm & Norilsk approve a three point R2-bn expansion at Nkomati; De Beers' zeppelin is damaged in crash; Independence Platinum starts platinum productio using Mintek's ConRoast smelting technology. 

On-The-Air (21/09/2007) 

By: Martin Creamer     21st September 2007 In this broadcast: SA enters huge infrastructural growth phase; Brazil poised to throw its weight behind unique pilotless aircraft; Gaborone's new diamond technology park. 

Podcast - September 19, 2007 

By: Irma Venter     19th September 2007 In this podcast: DRDGold heads back to South Africa; An end in sight to the Randgold and Exploration – JCI saga, and De Beers sells its Kimberley underground operations . 

Emperor, Canada's Intrepid to merge as DRDGold packs its bags for SA 

By: Matthew Hill     18th September 2007 Refocused gold producer DRDGold has hopes to sell its 78,5% stake in Australasian subsidiary Emperor Mines "as soon as possible", and will embark on a road show to this end after it has released a prospectus for the sale, a director said on Tuesday. It would then be solely centered on... 

SA mining laws impede exploration - Oppenheimer 

By: Mariaan Webb     14th September 2007 South Africa's mining legislation was holding back exploration in the country and, given the global commodities boom, it should be easier for mining companies to do prospecting work, De Beers group chairperson Nicky Oppenheimer said on Friday. 

New owner Petra targets 120 000 ct/y at Kimberley mine 

By: Mariaan Webb     14th September 2007 Junior miner Petra Diamonds, which bought the Kimberley underground operations from De Beers, the largest diamond miner, for R78,5-million, said on Friday that it aimed to have the mine back in production in the next six to twelve months. The historic operation had been closed in 2005, after its... 

On-The-Air (14/09/2007) 

By: Martin Creamer     14th September 2007 In this broadcast: SA singled out as an ideal country to set up carbon-capture project; World Bank trying to put an end to gas flaring; Important oil & gas discovery in Zamibia. 

Sasol targets coal-rich China for synthetic-fuels investment 

By: Matthew Hill     13th September 2007 The world's biggest producer of liquid fuels from coal, Sasol, is conducting feasibility studies into the possible construction of two such plants in China, where it was currently in "hard-nosed" commercial negotiations, its head said on Thursday. 

Podcast - September 12, 2007 

By: Shona Kohler     12th September 2007 In this podcast: Xstrata to decide on a second phase for its Lion ferrochrome project; Sasol narrows down sites for its new coal-to-liquids plant; and DRDGold’s Emperor Mines puts Tolukuma up for sale . 

Nikanor to secure outstanding finance in 2008 for DRC project 

By: Mariaan Webb     12th September 2007 LSE-listed copper-miner Nikanor had secured funding for two-thirds of its flagship KOV project in the Democratic Republic of Congo (DRC), and plans were in place to arrange the last stretch of debt funding next year, the company said on Wednesday. Nikanor planned to fund the balance of finance... 

Podcast - September 5, 2007  

By: Sheila Barradas     5th September 2007 In this podcast: Anglo Platinum seals much anticipated empowerment deals; African Rainbow Minerals announces its maiden dividend payment; and DRDGold sets its sights on increased production in South Africa 

Angloplat looks forward to improved relations with SA govt after BEE sales 

By: Mariaan Webb     4th September 2007 Anglo Platinum, which made headlines by threatening to take legal action against the South African government for not awarding its new prospecting licences, said that it hoped that the series of empowerment transactions announced on Tuesday would assist in progressing the company's... 

Angloplat deals shake up SA platinum hierarchy 

By: Mariaan Webb     4th September 2007 Platinum giant Anglo Platinum's plans, announced on Tuesday, to sell assets valued at around R10,9-billion in a series of empowerment transactions, would fundamentally change the platinum group-metal (PGM) industry in South Africa, the company said. As a result of the deals, Toronto- and... 

'No intention to leave SA coal market' - BHP Billiton 

By: Matthew Hill     4th September 2007 Mining giant BHP Billiton has 'no intention to leave the South African coal market', BHP Billiton Energy Coal South Africa COO Wayne Isaacs said on Tuesday.  

Eyebrows go up as Arm pays maiden dividend, plans big capex roll-out 

By: Matthew Hill     3rd September 2007 Black-owned diversified miner African Rainbow Minerals (Arm) announced its first dividend payment on Monday, amounting to R315-million. However, a local mining analyst questioned the prudence of the timing of the payout, when viewed in light of the company's planned capital spend of... 

Harmony's a buy at current price, says Motsepe 

By: Martin Creamer     3rd September 2007 The depressed Harmony Gold share price was a clear buy at the current price, African Rainbow Minerals (Arm) chairperson Patrice Motsepe said on Monday. 

Refocused DRDGold a 'whole new kettle of fish' 

By: Matthew Hill     31st August 2007 Embattled gold producer DRDGold, which has almost completely swung its focus to South Africa, said on Friday that it was a very different company and, for the first time in a long while, could set its eyes on 'serious growth options'. 'It's a whole new kettle of fish,'... 

On-The-Air (31/08/2007) 

By: Martin Creamer     31st August 2007 In this broadcast: Norilsk from Russia investment in SA; Rio Tinto investing in Rossing Uranium mine in Namibia; Trillion-rand company in the form of BHP Billiton.  

Implats sees platinum deficit widening further by year-end 

By: Matthew Hill     30th August 2007 The deficit in global platinum supply would widen to some 200 000 oz in 2007, with demand for the white precious metal growing at 3% to 4% a year, number-two producer Impala Platinum (Implats) said on Thursday. 

Podcast - August 29, 2007 

By: Shannon de Ryhove     29th August 2007 In this podcast: BHP Billiton sees Indian demand playing an increasingly important role; Harmony tackles rising costs; and African Eagle joins the AltX 

Claims of huge diamond find met with sceptism by industry insiders 

By: Matthew Hill     28th August 2007 A diamond reportedly twice as big as the Cullinan diamond has allegedly been found in the North West province, but the validity of the claims were questioned by some industry pundits on Tuesday. "If it is a real diamond it's an amazing freak...but it all sounds very strange," James... 

'Definite' uranium mining potential in Randfontein - Harmony 

By: Martin Creamer     27th August 2007 Definite uranium mining potential existed at the company's Randfontein shafts, especially Cooke Three, acting Harmony CEO Graham Briggs said on Monday. 

We'll cut cloth to wallet size, says new acting Harmony CEO 

By: Martin Creamer     27th August 2007 Embattled gold company Harmony would in future be cutting its cloth to its wallet size, new acting CEO Graham Briggs said on Monday. 

On-The-Air (24/08/2007) 

By: Martin Creamer     24th August 2007 In this broadcast: SA's breakthrough in solar-power technology will make its debut in Germany; Billion-rand contract to supply armoured cars; Anglo American buying copper deposits in icy Alaska. 

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