Home News Page 1041

News

Anglo’s Barro Alto to pick up pace

0
Anglo American's Brazilian nickel producer, Barro Alto, would reach full capacity in the second half of 2012, the company said.

Mining to drive Zim growth: Biti

0
Gold production would double, diamonds would bag $600m ... The outlook for Zimbabwe economic growth would be based partly on its mining industry.

ANC mulls ‘carrot and stick’ on benefication

0
The ANC is to debate next week a carrot and stick approach to beneficiation in the mining sector and would not simply slap levies on mineral exporters.

Wescoal seals recovery after lossmaking

0
After reporting the first loss in its history last year, Wescoal Holdings consolidates its recovery posting an interim profit.

Keaton expects earnings boost

0
South African coal exploration and development company Keaton Energy Holdings said it expected to post significantly improved interim earnings

Coal of Africa hugs the Mapungubwe Coalition

0
Coal of Africa and the Save Mapungubwe Coalition opposing the Vele mine in Limpopo Province have declared a truce and are looking to reach an agreement over the mine's development.

Delays may sink Anglo’s Codelco court bid

0
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.

Gillard gets tax through lower house

0
Australia's lower house approved a tax on miners that is expected to raise $7.8bn in its first two years.

Power situation remains critical, says Eskom

0
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.

TFR rates threaten Matola expansion

0
The proposed $800m expansion of Mozambique's Matola Coal Terminal to 20 million tonnes/year would be threatened unless Transnet lowered freight rates.