Northam CEO ‘conservative’ on Booysendal
Northam Platinum CEO Glyn Lewis has turned conservative on the timing and
funding of Booysendal in response to development delays and the rising risk
profile of the platinum sector.
Regulatory clock starts for Glencore and Xstrata
The regulatory clock starts ticking on commodities trader Glencore's takeover of mining group Xstrata after notifying the European Commission of the proposed $90bn deal.
SA improves its ranking in Fraser survey
SA has improved its rating in the authoritative survey prepared by Canada’s Fraser
Institute, even though fears over policy changes and labour militancy have escalated.
DMR approves Petmin’s sale of SamQuarz
Petmin says it has received permission from the Department of Mineral Resources for the sale of the SamQuarz silica mine to Thaba Chueu.
BHP to halt Australia manganese facility
BHP Billiton will suspend production at its TEMCO manganese alloy smelter in Tasmania, Australia, by early to mid-March and conduct a review of the business.
Exxaro: Transnet on the right track
Exxaro CEO Sipho Nkosi says Government is finally serious about providing the rail
infrastructure that the country’s coal sector badly needs for large-scale expansion.
Nacala port construction to begin
Mozambique's Prime Minister Aires Aly says the country plans to start construction of a coal terminal at the northern port of Nacala in the next few months.
Implats says strike to cut April deliveries 50%
Impala Platinum has warned customers that its April platinum deliveries will be down about 50% due to labour problems at its Rustenburg mine.
Carbon tax from 2013
Government is looking to introduce a carbon tax next year to reduce harmful greenhouse gas emissions.
Platinum: Where to from here?
The worst may be over for platinum stocks, but they will probably bump along the
bottom for most of this year. Yet, there may be a means of playing a sector.