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Smokey Hills on the brink

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ASX-listed Platinum Australia’s Smokey Hills mine is facing an uncertain future following the group’s decision to do "an urgent review' of the operation.

Lonmin reports Marikana fatality

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Platinum producer Lonmin has reported a fatality at the Rowland shaft of its Marikana mine.

MRI in hunt for Water Affairs AMD tender

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Mine Restoration Investments will chase down a multi-million rand tender to clean South Africa’s acid mine drainage after listing and raising R40m on the JSE’s Altx.

Anglo American, Codelco extend talks deadline

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Anglo American and Chile’s state-owned copper producer, Codelco, have extended talks to reach a settlement over the disputed stake in Anglo American Sur.

Dirt diggers can leave for Australia: Jourdan

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Paul Jourdan, a co-author of the State Intervention in Mining report, says minerals should be left unmined if industrialisation is not the direct consequence of digging for them.

Gold One upholds East Modder dismissals

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Gold One International said there were not enough mitigating factors to consider reversing dismissals of workers who had gone on strike illegally at its East Modder mine earlier this month.

Kumba bullish on iron ore price prospects

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Kumba Iron Ore sees the long-term price of iron ore "much higher' than $80 per tonne, while the prevailing higher prices will last longer than what markets have anticipated.

RBPlats likely to tap market for Styldrift funds

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The basket price for platinum group metals was likely to see Royal Bafokeng Platinum tap shareholders for funds to complete its R7.9bn share of the Styldrift project, but not before 2014.

Shares in ContiCoal recover after mystery slide

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Shares in Australian-listed Continental Coal, which operates two mines in South Africa and is developing two others, recovered after a mystery one-quarter decline.

Village keeps to dividend promise

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Village Main Reef will distribute around 75% of its proceeds from First Uranium as a special dividend to shareholders.