Off The Wires

Jubilee weighs toll treatment offer

Jubilee Platinum is considering an offer to process ore that will help it part fund the recommissioning of a mine owned by its buy-out target, Platinum Australia.

Wescoal’s Elandspruit on track for 170kt

Wescoal Holdings said its Elandspruit project was on track to produce 170,000 tonnes per month of coal "well before the end of the year".

Miners dragging feet on silicosis

Mining companies are dragging out legal processes in respect of claims for silicosis infections, said a prominent lawyer working for former miners.

Gemfields hoping to resume offshore auction

UK-listed Gemfields said it hoped to resume offshore auctions as there was no law preventing it from selling its precious stones in this way despite Zambia objections.

Kweyama ‘surprised’ by Eskom decisions

Khanyisile Kweyama, head of Business Unity South Africa, said decisions taken by Eskom on the energy crisis were sometimes a "surprise".

Congo seeks access to Angola’s Lobito

The Democratic Republic of Congo was hoping to export copper through the Angola port of Lobito,

Firestone expects diamond prices recovery

Stuart Brown, CEO of Firestone Diamonds, said he expected diamond prices to recover which would spur the development of the firm's Liqhobong project in Lesotho.

De Beers seeks to become leaner

De Beers, the diamond group in which Anglo American has an 85% stake, is to introduce more automation in an effort to become a leaner organisation.

Miners pay facing fundamental restructure

A report by JP Morgan Cazenove said unless mining companies restructure the way they pay employees industrial action will continue for many years to come.

Keaton keeps beat on output growth

Keaton Energy lifted coal output in the third quarter at both Vanggatfontein and Vaalkraantz in line with the firm's plans to turn in a stable performance this year.