Gold One targets 300,000 oz for 2012
Gold One International has set its production forecast for 2012 at 300,000 oz, aided
by the continued ramp-up of Modder East and new contributions from Rand Uranium.
Implats appoints Goodlace as new CEO
Impala Platinum has announced the appointment of Terence Goodlace as its new CEO, with effect from July 1.
Wits Gold may seek R450m in rights issue
Wits Gold may tap shareholders for up to R450m and introduce new ones in an
effort
to boost the share’s liquidity, says CEO Philip Kotze.
SA ‘a difficult place’ to be, says Aquarius
Aquarius Platinum CEO Stuart Murray has severely criticised the regulatory
uncertainties that adversely affect the group’s operations in both SA and Zimbabwe.
Coal India weighs up Limpopo deal
The board of Indian state-owned mining company Coal India will decide on Monday
whether to go ahead with a possible joint mining venture with Limpopo.
Pan African and Wits Gold buy Evander
Pan African Resources has teamed up with Wits Gold to buy Evander from Harmony for
R1.7bn in a deal that will give exploration company Wits Gold its first operating asset.
Optimum Coal output ‘disappoints’
Optimum Coal Holdings has posted a 15% drop in interim coal output, compared with the previous corresponding period
DiamondCorp revises cost of Lace mine
The Lace diamond mine being developed near Kroonstad in the Free State is going to
cost 11% more than planned, but forecast initial revenues should more than double.
SA may import more power from neighbours
Eskom is considering importing more electricity from its neighbours as power in South Africa is expected to remain tight for at least the next two years.
Two workers die at Modikwa, says NUM
Two miners have died at Modikwa Platinum after a cave-in, bringing the number of workers killed at mines this year to more than ten, says the National Union of Mineworkers.