Indian steel firm seeks SA base – report
India’s second-largest producer of steel is considering building a plant in SA if government agrees to grant iron ore and coking coal mining permits, reports Bloomberg.
B2Gold unveils scheme to reinvest dividends in company shares
CANADA'S B2Gold today unveiled a share scheme enabling shareholders to reinvest cash dividends in new company shares.
Shares issued in terms of the reinvestment plan...
CoAL in $75m deal for Rio Tinto’s Chapudi
Coal of Africa has agreed to buy the Chapudi exploration project in Limpopo from joint venture partners Rio Tinto and Kwezi Mining for $75m.
ANCYL wants land grabs in Constitution
The ANC Youth League proposes amending the Constitution to empower the state to expropriate private property, particularly land and mines, without compensation.
Lonmin rebut reveals R36.5bn money pit
Lonmin's claim it had to raise R17bn and could not have hid the profits claimed by the AIDC is part of the story of shareholders providing R36bn to buoy the sector.
Implats’ Marula iced after ‘cluster’ of COVID-19 cases suggests high community...
IMPALA Platinum (Implats) confirmed 19 positive cases of COVID-19 at and around its Marula joint venture in South Africa's Limpopo province.
As a result, the...
Randgold Resources lower 2011 guidance
Randgold Resources has significantly adjusted its output target for 2012 downwards, blaming setbacks at its Cote d’Ivoire and Mali operations.
Grade, stoppages hit Harmony output
Harmony Gold says its gold production for 2012’s first quarter is 18% lower than the period to end-December.
Implats says 5,000 workers on strike
Impala Platinum says 5,000 workers at its Rustenburg operations have downed tools over wages, but a court order has declared the strike involving drill operators illegal.
All systems go for DRDGold as R396m Sibanye-Stillwater deal sealed
IT was all-systems go for DRDGold which announced today it had concluded the purchase of surface gold reserves from Sibanye-Stillwater in exchange for a...