MMG to buy Khoemacau Copper after beating off SA interest
CHINA'S MMG is to buy the 60,000 tons per year Khoemacau copper mine in Botswana beating off interest from Sibanye-Stillwater and Impala Platinum.
The purchase...
CoAL hit by 22% wage increase demand
Coal of Africa’s Mooiplaats colliery has been hit by a strike over wages, the company
says, sending the group’s share price to a new low.
Platinum could breach $2,000, says GFMS
The platinum price could rise above $2,000/oz depending on investment demand for the metal, according to the latest GFMS survey of the platinum and palladium markets.
Rio Tinto lifts force majeure on RBM contracts as mine emerges...
THE force majeure on customer contracts at Richards Bay Minerals (RBM) had been lifted following the suspension of operations last year amid violent protests.
"This...
Copper price forecast to set new record this year
THE copper price was forecast to hit new records this year reaching $12,000 per ton or more, according to a report by the Financial...
Glencore may restart Mopani Copper ahead of 90-day notice to mothball...
GLENCORE could restart operations at its Mopani Copper Mines in Zambia in order to provide the southern African country's government with 90-days notice of its...
Northam shareholder says it’s “uneasy” about illogical RBPlat share purchase
ALLAN Gray portfolio manager Sandy McGregor has questioned the wisdom of Northam Platinum's play for control of Royal Bafokeng Platinum (RBPlat) which he described...
Platinum shares forecast to ease further as realism dawns
THE rally in platinum producers Anglo American Platinum (Amplats), Impala Platinum (Implats), and Lonmin has been nothing short of impressive this year. The obvious...
LontohCoal seeking R360m for RBCT stake
Unlisted coal development firm, criticized by ANC investors last year, is looking to raise R360m for export entitlement and to prepare for a $1bn Hong Kong listing.
Hurdles may scupper Namaqualand deal
A proposed deal between Trans Hex and De Beers on Namaqualand Mines is subject to some conditions which may prove difficult to meet.