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Northam forges ahead on Booysendal

UPDATE - Northam Platinum approves R340m spend for its R3bn Booysendal project ahead of the start of construction in July. The rand batters the company's interim results.

Anooraq, Ivanplats settle dispute

Platinum exploration firm Anooraq says it has settled a dispute with Ivanplats over an agreement relating to the Rietfontein property located on the northern limb of the Bushveld Igneous Complex in South Africa.

Northam to spend R3.05bn on Booysendal

Mid-tier platinum producer Northam Platinum has confirmed that it is planning to spend R3.05bn on the development of its company-transforming Booysendal project.

SA crude steel output doubles

South African crude steel production is up 51.1% year-on-year to an estimated 710 000 metric tonnes in January, the World Steel Association reportes.

Patrice Motsepe targets Zimbabwe

Patrice Motsepe let the cat out of the bag at Monday's ARM results briefing when he unwittingly revealed the group's plans for Zimbabwe which had been kept under wraps until now.

Xstrata may be forced to shut Mt Isa

Xstrata may be forced to shut some of Mt Isa operations.

Union rejects Metorex wage offer

Trade union Solidarity has rejected what it describes as the skimpy wage increase offer of 3% by Metorex's Consolidated Murchison Mine outside Phalaborwa during the first round of wage negotiations.

Metorex earnings expected to fall

Diversified mining group Metorex expects its first half headline earnings to be between 13c per share and 15c per share from 48c per share the year before.

First Quantum’s Zambia mine hit by power outage

First Quantum's Zambia mine is hit by power outage, costing the largest single mine in the country $10m a day.

Chrometco narrows H1 loss to R1.86m

Chrometco, which is focused on the mining, concentrating and beneficiation of various minerals, has reported the narrowing of its first half net loss after it released reviewed interim results.