Mining policies inconsistent – Cutifani
South Africa's macroeconomic policies, particularly those considered for the mining industry, will erode competitiveness and stall investment, says AngloGold Ashanti CEO Mark Cutifani.
BHP’s head of iron ore steps down
BHP Billiton's head of iron ore, Ian Ashby, will step down from his position on July 1 after a career of 25 years at the company, says the diversified miner.
Pallinghurst shows its hand on Platmin
Brian Gilbertson has shown why he delisted Platmin late last year, announcing
a consolidation of the company with Pallinghurst and the Bakgatla community’s
other PGM interests in the region.
Wesizwe awards shaft sinking contract
Wesizwe Platinum says it has awarded the Bakubung mine's shaft sinking contract to Aveng Grinaker-LTA Mining, following a tender process.
NewCo’s Platmin in healthy state
THE ramp-up problems that have beset Platmin are a thing of the past
according to Chairman Brian Gilbertson, who says the mine will achieve its
production target by year-end.
Keaton on the acquisition path
Keaton Energy says it is on the lookout for new assets, seeking acquisitions to
complement the company’s recent takeover of Leeuw Mining and Exploration.
Finance a challenge for junior miners
Despite steady commodity prices, financing remains a challenge for junior miners, a financing panel told the Reuters Global Mining and Metals Summit.
Coal prices to keep head above water
India and China demand for coal would help keep prices above $100/t which Anglo
Coal Thermal CEO, Norman Mbazima, said was "not great" but still profitable for the
company.
Tharisa bags R1bn debt, quadruples mine output
Tharisa confirmed debt facilities of R1bn, which will help it put its chrome and
PGM mine on the map ahead of a possible listing.
Vitol speculated to take stake in CIC Energy
Dutch commodity trading group, Vitol, may take a 9.1% stake in Toronto-listed coal
exploration company, CIC Energy, according to a report by Reuters.