Funds target pockets of tight supply in 2012
Tight supply in grains and industrial metals such as copper along with further support for gold offer opportunities in what top commodities managers see as another challenging year in 2012
Three more Miranda board members resign
Three more board members of Miranda Minerals, including its chairperson, have resigned following a court ruling which had put the company’s future in jeopardy.
BHP suspends work at Khutala after fatality
BHP Billiton's SA coal unit has suspended mining activities at the underground operations of its Khutala colliery after a fatality at the mine, says the company.
Platinum miners not worried by power cuts
SA's platinum miners say they are confident there would be sufficient electricity to power their mines this month, despite Eskom's warning of tight supply.
Amsa plant resumes production
ArcelorMittal SA, a unit of the world’s biggest steelmaker, has resumed full production at its Newcastle plant that was hit by a furnace failure last year, says the company.
Keysha keen on Lonmin partnership
Keysha Investments says it wants to talk to Lonmin on how the firms can mine a portion of Marikana together, following the dismissal of Lonmin’s appeal over Keysha’s prospecting right.
Zungu committed to Rockwell, deal imminent
Rockwell Diamonds and Sandile Zungu's African Vanguard Resources are close to finalising a restructuring of their business relationship.
Court orders Aurora’s Zuma to pay R10m
A high court judge has granted default judgment against the chairperson of liquidated Aurora Empowerment Systems, Khulubuse Zuma, for the payment of R10m.
Miranda Minerals suspends trading
Trading in Miranda stock on the JSE has been suspended at the request of the company, after its two major shareholders demanded the repayment of outstanding loans.
Transnet unveils R17bn coal solution
The much-vaunted Lothair rail project, expected to help massively ramp up coal deliveries to Richards Bay, was officially unveiled with a completion date of 2016 set for the initiative.