Codelco fails in bid for Anglo’s Chile profits
Chile’s Codelco has failed in its bid to seize more than $200m in profits from
Anglo American operations in the South American country over which it claims
part ownership.
Hostility grows over First Uranium deals
More First Uranium shareholders have indicated their opposition to the sale of
the company’s key assets, with some saying a bankruptcy process will serve
their interests better.
Anooraq soon to be ‘Atlatsa’
Anooraq says it will proceed with its proposed name change to Atlatsa Resources, following the approval of the move by the TSX Venture Exchange.
Forbes Coal in shares buyback
Forbes Coal says it will buy up to 5% of its own shares, a move prompted by the group's prevailing low market valuation.
Anglo American sells Scaw’s SA assets
Anglo American has announced the final stage of its $1.4bn divestment from
Scaw Metals, selling the SA subsidiary of the steelmaker to a consortium of
companies.
Gold Fields shortens KDC’s estimates
Gold Fields’ Kloof-Driefontein complex on the West Rand, one of the country’s
largest gold mines, will be exhausted by 2028.
CoAL takes delivery of Vele plant
Coal of Africa’s first producing coking coal colliery in South Africa, the Vele mine in Limpopo, has taken delivery of the plant from the project engineering consultants.
Renova “offers $80m for Ezulwini’
UPDATED: First Uranium confirms Renova's offer. Russia’s Renova is said to be bidding $80m for First Uranium’s Ezulwini, trumping Gold One International’s earlier offer by $10m.
Coal miners in new acid drainage plan
Mpumalanga’s biggest coal miners are working on a plan to decontaminate
around 250 megalitres of acid mine water for use by platinum mines, both in
that province and Limpopo.
Lucara’s Karowe produces first diamonds
Lucara Diamond Corp says the commissioning of its Karowe mine processing plant is progressing according to schedule and that first production diamonds have been uncovered.