Trans Hex progresses De Beers deal
Shareholders, board members and competition authorities have agreed to the acquisition of Namaqualand Mines by Trans Hex, but certain conditions precedent have yet to be fulfilled.
Steel decline drives iron ore to record slump
Iron ore price declines earlier this week took September's losses to a record 30% with producers saying it could take months for Chinese demand to recover.
Transnet puts pressure on the RBCT
Transnet CEO Brian Molefe is grinning from ear to ear as stocks build up at the Richards Bay Coal Terminal because TFR is railing coal to the terminal faster than it can be exported.
Zanaga ups Congo iron ore resource
AIM-listed Zanaga Iron Ore Company announced a 7.5% increase in estimated resources for the Zanaga iron ore project in the Republic of Congo.
ResGen secures haulage deal with TFR
Resource Generation has some comfort it can haul coal from its proposed Boikarabelo mine, but the conditionality of the deal means it can't yet raise capital against it.
TFR shifting coal at record tempo
Transnet Freight Rail was consistently upping its game, Transnet Group CEO, Brian Molefe has said with weekly rates topping 1.6 million tonnes.
Gordhan takes stock of SA’s mining woes
Finance Minister Pravin Gordhan has given a frank assessment of why SA's mining sector has failed to keep up with its peers in attracting new investment in recent years.
AngloGold CEO sees no bubble in gold price
AngloGold Ashanti Chief Executive Mark Cutifani sees no bubble in gold prices and says prices can easily go higher amid global economic uncertainty.
IFM meets key milestones
International Ferro Metals is ticking all the boxes in its attempts to turn the corner on a difficult past, meeting key targets as its seeks to lower costs and increase capacity.
IMF encourages Ghana to up mining revenue
Ghana has to look at options to increase tax revenues from its mining sector, says the International Monetary Fund.