Aquarius “back in the black by 2014’
Aquarius Platinum, which shut down its Marikana shaft earlier this week, will
only return to profitability by 2014, according to an analyst report.
Diamonds are still forever
Graff Diamonds’ decision earlier this month to halt its Hong Kong listing
provides some insight regarding business confidence in Asia currently. The
diamond market, however, is only taking a breather.
Sentula endures harrowing year, better times ahead
Robyn Berry, CEO of Sentula Mining, hopes to close the book on the tribulations
suffered by the coal miner and contracting business in the current financial
year.
Eskom, Anglo to ink Kusile coal supply deal
The supply agreement paves the way for the building of the New Largo coal
mine by Anglo American, which could cost between R16bn to R20bn.
Gold One takes hard line on strikers
Gold One International says it will take up to four weeks before its Modder East
mine returns to full production, following the dismissal of 1,035 workers due to
an illegal strike last week.
Village Main mulls over R413m cash windfall
Village Main Reef is weighing up options on what to do with its R413m-odd
windfall from the sale of First Uranium’s assets. Talks over a R1bn offer
for Tau Lekoa have also gone nowhere.
Jubilee bags chrome resources
Jubilee Platinum wins the right to retreat platinum group element tailings on the
Dilokong mine, hailed by the firm as a major advance in its strategy.
Wescoal confirms financial turnaround
Wescoal serves notice that last year's poor financial performance is a thing of the
past.
First Uranium asset sales approved
First Uranium shareholders have approved the sale of the company’s key assets,
setting in motion a process that will see the failed gold miner wind down its
operations.
CoAL reports massive lift in coal resources
Coal of Africa has updated its resource statement from three properties in its
now consolidated Soutpansberg portfolio, a development it describes as a
milestone.