ARM, Vale may spend $500m to double Konkola
ARM Executive Chairman, Patrice Motsepe, sounded an expansionary note at
the group’s interim results, with the group’s Konkola copper joint venture
looking to kick on in size.
Equatorial Resources bows to Exxaro offer
Equatorial Resources accepted an offer by Exxaro Resources for its 20% stake in
African Iron taking the South African firm's stake in the iron ore exploration firm to
86%.
Regulatory clock starts for Glencore and Xstrata
The regulatory clock starts ticking on commodities trader Glencore's takeover of mining group Xstrata after notifying the European Commission of the proposed $90bn deal.
Implats contract worker beaten to death
A contract worker at Impala Platinum's troubled Rustenburg operation has been beaten to death during an assault when he tried to go to work, say police.
Northam CEO ‘conservative’ on Booysendal
Northam Platinum CEO Glyn Lewis has turned conservative on the timing and
funding of Booysendal in response to development delays and the rising risk
profile of the platinum sector.
Back to work, Vavi tells Implats workers
Cosatu general secretary Zwelinzima Vavi has urged striking mineworkers at Impala Platinum's Rustenburg mines to return to work, according to a report by Sapa.
‘Little support’ for Kasukuwere’s Mimosa plan
ZIMBABWE’S Empowerment Minister, Saviour Kasukuwere has little support to force
Impala Platinum to give up its entire shareholding in Mimosa, says a member of
cabinet.
Impala dealt 30-day ultimatum on Mimosa
Zimbabwe has ratcheted up the pressure on Impala Platinum and Aquarius
Platinum, demanding they come up with an acceptable indigenisation plan for
Mimosa or face "enforcement mechanisms'.
Exxaro: Transnet on the right track
Exxaro CEO Sipho Nkosi says Government is finally serious about providing the rail
infrastructure that the country’s coal sector badly needs for large-scale expansion.
Nacala port construction to begin
Mozambique's Prime Minister Aires Aly says the country plans to start construction of a coal terminal at the northern port of Nacala in the next few months.