Workers down tools at Gold One’s Modder East
Gold One International said it had issued an ultimatum to striking workers at its
Modder East mine and would consider dismissal as the walk out was unprotected.
Great Basin taps market for Burnstone funds
Great Basin Gold has shored up its balance sheet again, raising R378m that is
to protect the company against possible shocks at its Burnstone mine.
Rio’s Mozi mine to supply Tata Steel this year
Tata Steel's European unit would have about 10% of its coking coal requirements
supplied to it from Rio Tinto's new Mozambique coal mine, Benga.
State-owned miner to be hived off
The African Exploration & Mining Finance Corporation, the state-owned miner, is to
be split from the Central Energy Fund of which it is a subsidiary in preparation for a
more profound role in government's minerals strategy.
Zambia coal-fired plant delayed to 2015
Zambia's first coal-fired power plant in years has been delayed owing to a failure to
win environmental permits on time.
Great Basin’s Burnstone cash flow positive in 2012
Great Basin Gold said its Burnstone mine would produce up to 100,000 oz of gold in
2012 and keep cash costs to $1,000/oz - enough to make it cash flow positive from
the third quarter of the year.
Zimbabwe declines to extend Impala deadline
A letter from Impala Platinum requesting an extension to its indigenisation plans has
been rejected by the Zimbabwean government.
Illegal miners killed in Grootvlei disaster
Up to 20 illegal miners may have been killed at gold-mining operations on the
East Rand, according to initial reports.
Implats sets Mar. 13 showdown with Kasukuwere
Impala Platinum will set down its final position on Zimbabwe indigenisation on
March 13 in terms of a new extension granted by Saviour Kasukuwere. But why
has the Zimbabwean minister agreed to an extension?
First Quantum hurt by low copper output
Fourth quarter net earnings are some 83% lower owing to lower copper production
and prices for the metal during the period.