Home News Page 1028

News

Implats ‘troubled’ by Kasukuwere’s curve ball

0
Impala Platinum says it "notes with concern' a statement attributed to Zimbabwe’s Indigenisation Minister, Saviour Kasukuwere, that it has to sell its entire stake in Mimosa.

Nkwe unfazed over ARM’s rights threat

0
Nkwe Platinum has played down the company’s unresolved row with ARM and Amplats, saying the dispute won’t stand in the way of the company advancing a flagship project.

Anglo, Kumba join West Africa iron ore rush

0
Anglo American and Kumba Iron Ore have joined forces to eke out possible iron ore opportunities in Africa, especially the in-vogue West Africa region.

Anglo to assess Amplats restructuring

0
UPDATED: Anglo American CEO, Cynthia Carroll, has lost patience with declining returns from its listed platinum business, Amplats, and is now considering its "optimal configuration".

Minmetals seals $1.3bn Anvil takeover

0
China's Minmetals Resources has succeeded with its C$1.3bn bid for Anvil Mining, winning 90% acceptances, says the Hong Kong-listed firm.

Merafe/Xstrata in power deal with Eskom

0
The chrome venture between Xstrata and Merafe Resources will temporarily shut down five ferrochrome furnances to assist Eskom with power supply constraints.

Gold Fields evaluates options on uranium JV

0
Gold Fields hopes to make a decision within three months on the way forward for the proposed West Rand tailings treatment JV with Gold One International.

Impala Platinum hit by safety stoppages

0
Impala Platinum is the latest in a long line of mining companies to report production losses caused by an increased number of Section 54 stoppages.

Impala strike turns violent

0
Thousands of protesting miners have burnt tyres and torched a police office near Impala Platinum's Rustenburg mine, as a month-long strike turns violent.

Gold demand up in 2011 – WGC

0
Gold demand struck 14-year highs in 2011, driven by record investment buying in China, which may overtake India this year as the world's top consumer.