Mozambique rejects Rio barging plan
Plans by Rio Tinto to barge coking coal mined from its Riversdale operation down
Mozambique's Zambezi river have been scotched by the country's government.
Tsvangirai condemns Zim indigenisation
Zimbabweans didn't have the resources to buy the equity on offer in terms of that
country's indigenisation strategy, said prime minister Morgan Tsvangirai.
First Quantum’s Kansanshi grinds to halt
Operations at First Quantum Minerals' Kansanshi, a copper mine in Zambia, have
been halted as labour demands 17% higher wages.
Coking coal, copper markets ‘tight’: Rio
Rio Tinto says the markets for copper and coking coal would remain 'tight' although
it could not rule out continued volatility.
Malema expelled from ANC
Julius Malema was found to have 'reneged on his membership' oath and was
therefore expelled from the ANC, the ruling party said last night.
Firestone to lift output on Eskom, investor talks
Coal supply negotiations with Eskom and an unnamed multinational will result
in Firestone Energy radically increasing proposed production from its Waterberg
project.
IFM agrees to shut two furnaces
Eskom has agreed to buy back power from International Ferro Metals which has
agreed to shut two furnaces in deals most likely similar to shut downs at Rukkii,
Xstrata and Samancor.
Implats’ Brown says no exit from Zimbabwe
Impala Platinum CEO, David Brown, said the company has no intention of exiting its
Zimbabwean investments despite intense pressure from the country's indigenisation
minister, Saviour Kasukuwere.
Juniors will struggle to supply iron ore: Rio
Tightened credit lines and labour shortages would make it difficult for junior mining
firms to plug the supply deficit in iron ore said Rio Tinto which added the market
would not be oversupplied any day soon.
Miranda declared ready to start coal mining
Miranda Minerals said it was over its business travails and, with a fresh
balance sheet, was looking forward to producing coal from the KwaZulu-Natal
province.