IFM ponders Eskom buy-back offer
International Ferro Metals may soon join SA’s other ferro alloy producers by shutting
down furnaces in an allocation buy-back agreement with Eskom.
Implats loses 80,000 oz to date at Rustenburg
Impala Platinum says the violent labour dispute at its flagship Rustenburg operations has cost it 80,000 ounces in lost production to date.
Implats ‘troubled’ by Kasukuwere’s curve ball
Impala Platinum says it "notes with concern' a statement attributed to Zimbabwe’s
Indigenisation Minister, Saviour Kasukuwere, that it has to sell its entire stake in
Mimosa.
Minmetals seals $1.3bn Anvil takeover
China's Minmetals Resources has succeeded with its C$1.3bn bid for Anvil Mining, winning 90% acceptances, says the Hong Kong-listed firm.
Merafe/Xstrata in power deal with Eskom
The chrome venture between Xstrata and Merafe Resources will temporarily shut down five ferrochrome furnances to assist Eskom with power supply constraints.
Nkwe unfazed over ARM’s rights threat
Nkwe Platinum has played down the company’s unresolved row with ARM and Amplats,
saying the dispute won’t stand in the way of the company advancing a flagship
project.
Anglo, Kumba join West Africa iron ore rush
Anglo American and Kumba Iron Ore have joined forces to eke out possible iron ore
opportunities in Africa, especially the in-vogue West Africa region.
Gold Fields evaluates options on uranium JV
Gold Fields hopes to make a decision within three months on the way forward for the
proposed West Rand tailings treatment JV with Gold One International.
Anglo to assess Amplats restructuring
UPDATED: Anglo American CEO, Cynthia Carroll, has lost patience with declining
returns from its listed platinum business, Amplats, and is now considering its "optimal
configuration".
Village promises First Uranium dividend
Village Main Reef says it will pay a special dividend to shareholders if its exposure to
First Uranium gets crystallised into cash. Shareholders may also score from the likely
sale of Cons Murch.