Community wins landmark rights case
A Limpopo-community has won a Constitutional Court case to set aside a prospecting right over its land, reports Business Day.
DMR accepts ConCourt rights ruling
Government has welcomed a judgement by the Constitutional Court which clarified the extent of community consultation in respect of awarding mineral prospecting rights.
Anglo to focus exploration on South America
Anglo American is focusing the bulk of its exploration efforts on copper and nickel in South America and the Arctic, while any further growth in iron ore will come from joint ventures or acquisitions.
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