Home News Page 1037

News

NPC revives coal export permit debate

0
Eskom is negotiating with suppliers to secure future coal supply, but failure to advance talks should be dealt with by export regulation, a National Planning Commission member has said.

Implats starts to dismiss ‘no shows’

0
Workers who did not report for duty at Impala Platinum Holdings Rustenburg mine on Wednesday will be dismissed, says the company.

Juniors hold key to Eskom coal deficit

0
Eskom's Dan Marokane said domestic coal supply from 2018 remained an urgent issue, but that consolidation in South Africa's junior mining sector could help bridge the deficit.

Anooraq appointee presages Anglo’s ‘new deal’

0
Dawid Stander will be MD of Anooraq Resources' Bokoni Platinum Mines as it enters "an exciting growth phase" - a sure hint that a refinancing deal with Anglo American Platinum is imminent.

Diamond prices have stabilised, says Petra

0
Rough diamond prices have now stabilised, according to Petra CEO Johan Dippenaar, but Numis Securities reckons the drop in the second half of 2011 was worse than expected.

BHP Billiton sells out of Richards Bay Minerals

0
BHP Billiton is selling its stake in titanium producer Richards Bay Minerals to partner Rio Tinto; a move that is part of its strategy to exit the titanium sector which it deems non-core.

Rio Tinto accepts Chinese offer for Kalahari

0
Rio Tinto has accepted China Guangdong Nuclear Power Corp's bid for its 11.1% stake in Kalahari Minerals.

Implats appoints Goodlace as new CEO

0
Impala Platinum has announced the appointment of Terence Goodlace as its new CEO, with effect from July 1.

Xstrata 2011 coal production up, copper dips

0
Xstrata has posted record output from its Australian thermal coal operations in 2011 as newly commissioned Mangoola helped offset a flood-hit start to the year and strikes in SA.

SA ‘a difficult place’ to be, says Aquarius

0
Aquarius Platinum CEO Stuart Murray has severely criticised the regulatory uncertainties that adversely affect the group’s operations in both SA and Zimbabwe.