Home News

News

Tharisa to double free cash flow in 2022 following commissioning of...

0
THARISA has started cold commissioning of its $55m Vulcan fine chrome plant situated at the Tharisa mine in South Africa's North West province. Once fully...

SA platinum in need of Lonmin, Impala union?

0
A report by Deutsche Bank sketches the fascinating scenario of an Impala-Lonmin combination as a means of installing sense into SA's platinum sector.

Godongwana’s Transnet bailout fails to tackle “major bottleneck” at Richards Bay...

0
SOUTH Africa's Minerals Council welcomed Government's R5.8bn recapitalisation of Transnet of which about R2.9bn would be used to recommission idled locomotives - a step...

Mining inflation, production glitch likely to dominate Harmony Gold interims

0
HARMONY Gold said mining inflation would be a factor in lower basic earnings for the first half of its financial year ended December. A number...

Vedanta warns off KCM asset pickers as Zambia’s provisional liquidator proceeds...

0
VEDANTA Resources has warned potential buyers of assets held in its 85%-owned Konkola Copper Mines (KCM) that any corporate activity would be "deemed inappropriate",...

Transnet commits to expand coal exports

0
Transnet has committed to increasing coal export capacity on the Richards Bay coal line to 81mt/year by 2014 provided it gets take or pay contracts with the coal exporters.

Steenkamp coasts into Harmony but perils lurk

0
As far as starts go, life couldn't have been more seamless for Harmony Gold's new CEO, Peter Steenkamp. But challenges lie in wait.

Oakbay listing hanging by thread as JSE considers suspension

0
THE Gupta family company, Oakbay Resources and Energy (Oakbay), said it was "considering its options" following notice from the Johannesburg Stock Exchange (JSE) that...

Lonmin plunges 40% as investors flee dilution

0
Investors appeared to reject Lonmin's proposed rights offer while one analyst said shareholders should vote the offer down and put pressure back on the banks.

Bristow won’t “feed ducks quacking in the market” when quizzed on...

0
BARRICK Gold would "ultimately prevail" because it was building a long-term, investable business for all its stakeholders and not just the few that were...