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.
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.
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.
R300bn nuclear budget “just the beginning”: Peters
The R300bn set aside in finance minister Pravin Gordhan's national budget last week
for nuclear power in South Africa was just a beginning said Dipuo Peters, energy
minister.
Kasukuwere lashes out at talkative Brown
Saviour Kasukuwere, minister for Youth Development, Indigenisation and
Empowerment has said he is 'sick and tired' of Impala CEO David Brown's 'delaying
tactics'.
CoM lauds Shabangu in rankings success
Bheki Sibiya, CEO of the Chamber of Mines of South Africa, said South Africa's much
improved ranking in the Fraser Institute study into political risk was down to the
efforts of mines minister, Susan Shabangu.
Implats says strike over, mining to resume March 5
However, not all parts of the Impala Lease Area would return to operation with
the company taking the opportunity to permanently shut sections where
closure was imminent.
Big three iron ore miners may join China platform
China's recently established iron ore trading platform may be joined by the likes of
Rio Tinto, BHP Billiton and Vale.
Petra lifts SA mines stakes in R132m deal
Petra Diamonds earmarks 2.2 million carats in diamond production for this year
and says it has lifted its interest in seven of its South African mines.