Impala Platinum Holdings Limited (Implats) ‒ the world’s second-largest producer of the precious metal ‒ is moving ahead with action against the striking workforce which has refused to return to work at its Rustenburg operations.
Rough diamond prices have now stabilised after falling from the highs reached in June, according to the newly-published Petra Diamonds interim trading update.
Baobab Resources plc (Baobab) ‒ an Australian-based, AIM-listed exploration company focused on Mozambique ‒ says it has had positive results from its iron ore prospecting drive in the country.
Anvil Mining Limited has announced that in a unanimous decision rendered in Montreal, the Québec Court of Appeal has dismissed court proceedings initiated in November 2010 against the company by the Canadian Association Against Impunity, a group of NGOs.
International mining giant Rio Tinto has accepted a bid from China Guangdong Nuclear Power Corporation (CGNPC) for its 11.1% stake in Kalahari Minerals ‒ a top shareholder in one of the world’s largest uranium projects.