Rio triples 2011 capex
Global miner Rio Tinto is to increase its capital spending to $11bn in 2011 as it expands its lucrative iron ore mines.
Coal demand bodes well for Sentula
Sentula Mining has reported a 10% rise in first-half headline earnings, and says the outlook for its businesses is strong on the back of rising demand from the coal industry.
Patel’s jobs target ‘not pie in the sky’
The state job growth target for mining, as set out in its New Growth Path, is not unattainable as long as certain key constraints are addressed, says an industry body.
Russia slaps anti-dumping duty on SA
Russia has introduced a three-year, anti-dumping import duty on some flat-rolled steel products from SA.
NZ Oil and Gas shares fall 30%
Shares in New Zealand Oil and Gas, part owner of Pike River Coal, plummeted 30% as the stock resumed trading four days after a mine explosion left 29 men missing.
Acid drainage proposals out soon
A task team of experts considering proposals to counter an imminent acid mine water crisis in the Witwatersrand will have a report ready by the end of the week.
Anglo to sell Callide coal mine
Anglo American plans to divest its Callide coal mine in Australia to better focus on high-margin export operations, says the group
DRC sacks state miner execs
Democratic Republic of Congo has replaced the leadership of state mining company Gecamines due to management deficiencies and its failure to make the most of rising metals prices, officials say.
Chamber of Mines goes to court over levy hike
The Chamber of Mines is taking legal action to prevent increase levies for the Compensation Fund.
No end in sight to Collahuasi strike
Most striking workers at Collahuasi copper mine are staying on the picket line despite management's prediction that many would abandon the walkout.