Off The Wires

First Uranium temporarily closes Ezulwini plant

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First Uranium Corporation temporarily closed its Ezulwini Uranium plant to replace two columns in the Ion Exchange section, following a structural failure on a loading column.

Chrometco tumbles, restates 3 years of earnings

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Shares of Chrometco Ltd tumbled more than 9% to 10 cents after the South African mining exploration group said it would restate its earnings figures for the past three years.

Lafarge Mining climbs BBBEE verification ladder

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Lafarge Mining, the company with interests in limestone, has been awarded a Level 3 status in its recent Empower-Logic BBBEE verification, according to the firm.

Anglo still to sell Scaw Metal’s SA ops

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Anglo American's has confirmed plans to sell Scaw Metals' South African operations as part of a divestment programme are still on the cards.

Rio Tinto invests US$1.6bn in Aussie iron ore

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Resources giant Rio Tinto approved a US$1.6bn investment to develop the Hope Downs 4 iron ore project in Western Australia and link with Rio Tinto's existing rail, power and port infrastructure in the Pilbara.

ARM, Vale approve release of new Zambia mine

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African Rainbow Minerals, the diversified mining company, and its joint venture partner Vale SA have released the Konkola North Copper in Zambia.

First Quantum delays shut down of Zambian plant

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First Quantum Minerals, the Canadian mining company, has postponed its plans to halt copper production at the Bwana Mkubwa processing plant in Zambia to September.

Strong rand hits Optimum Coal

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A weaker export coal price and a stronger rand have put Optimum Coal's earnings under pressure.

S.Evraz Highveld slides after H1 loss

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Shares of steel maker EVRAZ Highveld Steel and Vanadium dropped by 4.8 % to R77 following its announcement of a first half headline loss.

Court hears Kebble was jovial before death

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Dominic Ntsele, the former friend of mining magnate Brett Kebble, testified at the Johannesburg High Court stating that the former JCI boss seemed in a good mood on the night he was killed.