The improved earnings show how higher metals prices are boosting mining companies’ bottom line.

The diamond miner has invested heavily in the Cullinan mine in South Africa.

Eskom’s inability to provide a regular supply of electricity is curbing mining, manufacturing and other industrial output.

The IMF bailout hinges on the African nation restructuring the oil-backed loans to the Swiss traders.

A poor safety record has contributed to slower investment at some South African mines in recent years.

Company plans to update resources for the property and apply for a mine license in the third quarter.