Home News Page 1047

News

Codelco fires riposte, labels Anglo ‘erratic’

0
Negotiations between the two parties appear to have all but ground to a halt as Codelco launches emotionally charged legal response to Anglo American.

African Iron to unveil Exxaro offer

0
A trading halt was applied to African Iron shares today amid wide expectations a takeover offer from Exxaro Resources will be announced later this week.

Lonmin’s pains hit CEO Farmer’s pocket

0
Lonmin CEO Ian Farmer had to let go of some R3m’s worth of incentive shares in the last two months, following the miner’s failure to meet targets.

Top SA mining execs consider their future

0
Given the shortage of skills in mining, there's a lot of interest in where executives like Metorex CEO Terence Goodlace and Rand Uranium's former CEO John Munro may end up.

Village Main Reef hits output hurdles

0
Village Main Reef has lost some momentum in the turnaround of the assets it bought from Simmer & Jack in 2011, with all its operations recording an output decline.

Exxaro bids A$300m for African Iron: report

0
Exxaro Resources has renewed its bid to take direct operating control over an iron ore mine, reportedly bidding R2.4bn for Australia's African Iron.

Gold One completes Rand Uranium buy

0
Gold One International says all conditions for its acquisition of Rand Uranium for $250m have been fulfilled.

Zimplats ‘hit with $28m royalties bill’

0
Zimbabwe has instructed the bankers for Zimplats to pay $28.3m in outstanding royalty payments, which the platinum miner is disputing, reports state media.

TFR, RBCT deliver one big push in December

0
Richards Bay Coal Terminal put in a strong performance during December, lifting SA’s coal exports for 2011 above the figure achieved the previous year.

Indian coal giant in Limpopo rights talks

0
UPDATED: Coal India Ltd, the world’s largest coal producer, may be signing an agreement with the Limpopo government later in January to obtain the mining rights on several properties.