Amsa stages turnaround, warns of dark clouds
An insurance payout, the return to production of the Newcastle plant, and restocking
spelled good news for ArcelorMittal SA which nonetheless warned that domestic
steel demand conditions were "lacklustre".
Tata Power moots SA ‘stranded coal’ plan
Eskom has warned against exportation of coals it could use for South Africa's power
generation, but an Indian company says its involvement in the industry should be
seen as an opportunity.
Lapsed rights auction scheduled for June
The first round of bidding for lapsed or revoked mining rights will take place before the end of June, says Minister of Mineral Resources Susan Shabangu.
MPRDA review proceeds without Sims input
Minister of Mineral Resources Susan Shabangu has given her strongest indication yet that miners will not face the burdensome proposals contained in the ANC’s policy document.
SA govt approves CoAL Chapudi deal
Coal of Africa's bid for Rio Tinto's Chapudi coking coal exploration assets was finally
approved after it won the blessing of the South African government.
AngloGold dividend muted amid $1.9bn outlay
At the risk of disappointing investors, AngloGold's Mark Cutifani kept to his promise
of a 13 US cents and supported the decision with a $1.9bn, 500,000 oz/year
production expansion strategy.
Petra Diamonds Q3 production surges
Higher diamond prices and a contribution from Finsch mine helped Petra Diamonds
record a near doubling in diamond production quarter-on-quarter.
Amplats to test first fuel cell locomotive
Anglo American Platinum has showcased a fuel cell driven locomotive prototype, saying the move forms part of the company’s efforts to facilitate the development of new PGM applications.
Grade blips unseat Harmony gold forecast
Yet there's no doubting this is a strong year for Harmony which CEO, Graham
Briggs, says sees it chip away at strategic goals.
Eskom, Anglo negotiate ‘cost plus’ Kusile deal
A return a cost plus structure is one of the ways Eskom is hoping to help finance
Anglo American's R12bn New Largo coal mine, deemed crucial in supplying the
4,800MW Kusile power station.