Coking coal, copper markets ‘tight’: Rio
Rio Tinto says the markets for copper and coking coal would remain 'tight' although
it could not rule out continued volatility.
Malema expelled from ANC
Julius Malema was found to have 'reneged on his membership' oath and was
therefore expelled from the ANC, the ruling party said last night.
Implats’ Brown says no exit from Zimbabwe
Impala Platinum CEO, David Brown, said the company has no intention of exiting its
Zimbabwean investments despite intense pressure from the country's indigenisation
minister, Saviour Kasukuwere.
IFM agrees to shut two furnaces
Eskom has agreed to buy back power from International Ferro Metals which has
agreed to shut two furnaces in deals most likely similar to shut downs at Rukkii,
Xstrata and Samancor.
Firestone to lift output on Eskom, investor talks
Coal supply negotiations with Eskom and an unnamed multinational will result
in Firestone Energy radically increasing proposed production from its Waterberg
project.
Miranda declared ready to start coal mining
Miranda Minerals said it was over its business travails and, with a fresh
balance sheet, was looking forward to producing coal from the KwaZulu-Natal
province.
R300bn nuclear budget “just the beginning”: Peters
The R300bn set aside in finance minister Pravin Gordhan's national budget last week
for nuclear power in South Africa was just a beginning said Dipuo Peters, energy
minister.
Kasukuwere lashes out at talkative Brown
Saviour Kasukuwere, minister for Youth Development, Indigenisation and
Empowerment has said he is 'sick and tired' of Impala CEO David Brown's 'delaying
tactics'.
Juniors will struggle to supply iron ore: Rio
Tightened credit lines and labour shortages would make it difficult for junior mining
firms to plug the supply deficit in iron ore said Rio Tinto which added the market
would not be oversupplied any day soon.
Implats says strike over, mining to resume March 5
However, not all parts of the Impala Lease Area would return to operation with
the company taking the opportunity to permanently shut sections where
closure was imminent.