Anglo’s Barro Alto to pick up pace
Anglo American's Brazilian nickel producer, Barro Alto, would reach full capacity in the second half of 2012, the company said.
Strike looms large for Lonmin
The National Union of Mineworkers rejected Lonmin's 9% to 10% wage increase offer raising the prospect of strike action.
TFR rates threaten Matola expansion
The proposed $800m expansion of Mozambique's Matola Coal Terminal to 20 million tonnes/year would be threatened unless Transnet lowered freight rates.
Gillard gets tax through lower house
Australia's lower house approved a tax on miners that is expected to raise $7.8bn in its first two years.
Maputo terminal plan floated
The latest plan to provide terminal capacity to emergent coal exporters was floated at Coaltrans Mozambique. This one is for South African and Swazi companies.
Anglo’s copper target unaffected by Chile row
Changes in the ownership structure of Anglo American Sur will not detract from the group’s longer term production ambitions for copper, says an Anglo American company executive.
Power situation remains critical, says Eskom
SA's power supply situation will remain critical for the next two years, says Eskom CEO Brian Dames, while still trying to play down the latest problem at Medupi.
Delays may sink Anglo’s Codelco court bid
Chile’s courts may not hear Anglo American’s bid in time to overturn an injunction which prohibited the diversified miner from selling further stakes in Anglo American Sur.
Vale says rail sharing negotiable
Vale, the Brazilian iron ore producer intent on growing its coal business, says use of a potential 22Mtpa rail line linking Mozambique's coal resources with the port at Nakala, could be shared. Maybe.
Mozambique won’t hike royalties, taxes
Mozambique mines minister, Esperanca Bias, pledged the country would not follow the example of Zambia and Ghana by hiking taxes or royalties in the coal-rich country.