Merafe’s 2011 ferrochrome production declines
Merafe Resources' attributable production of ferrochrome declined to 263,000 tonnes in the year ended December 2011 from 300,000 tonnes the previous year.
Gold One targets 300,000 oz for 2012
Gold One International has set its production forecast for 2012 at 300,000 oz, aided
by the continued ramp-up of Modder East and new contributions from Rand Uranium.
Wits Gold may seek R450m in rights issue
Wits Gold may tap shareholders for up to R450m and introduce new ones in an
effort
to boost the share’s liquidity, says CEO Philip Kotze.
Xstrata 2011 coal production up, copper dips
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.
Implats appoints Goodlace as new CEO
Impala Platinum has announced the appointment of Terence Goodlace as its new CEO, with effect from July 1.
Optimum Coal output ‘disappoints’
Optimum Coal Holdings has posted a 15% drop in interim coal output, compared with the previous corresponding period
SA may import more power from neighbours
Eskom is considering importing more electricity from its neighbours as power in South Africa is expected to remain tight for at least the next two years.
Pan African and Wits Gold buy Evander
Pan African Resources has teamed up with Wits Gold to buy Evander from Harmony for
R1.7bn in a deal that will give exploration company Wits Gold its first operating asset.
Miranda shares rise after reinstatement
Shares in Miranda Mineral Holdings have soared during early trade, after the JSE lifted the suspension of the company's shares.
DiamondCorp revises cost of Lace mine
The Lace diamond mine being developed near Kroonstad in the Free State is going to
cost 11% more than planned, but forecast initial revenues should more than double.