Home News Page 1050

News

Implats says strike over, mining to resume March 5

0
However, not all parts of the Impala Lease Area would return to operation with the company taking the opportunity to permanently shut sections where closure was imminent.

Juniors will struggle to supply iron ore: Rio

0
Tightened credit lines and labour shortages would make it difficult for junior mining firms to plug the supply deficit in iron ore said Rio Tinto which added the market would not be oversupplied any day soon.

Miranda declared ready to start coal mining

0
Miranda Minerals said it was over its business travails and, with a fresh balance sheet, was looking forward to producing coal from the KwaZulu-Natal province.

R300bn nuclear budget “just the beginning”: Peters

0
The R300bn set aside in finance minister Pravin Gordhan's national budget last week for nuclear power in South Africa was just a beginning said Dipuo Peters, energy minister.

Anglo dismisses Amplats demerger speculation

0
Anglo American is assessing the entire business chain in platinum production including recycling, downstream and upstream activities and marketing ... but it will not sell or demerge Amplats.

RB Plats may not tap market for R1.7bn

0
Royal Bafokeng Platinum says project savings and capital raised from its initial public offering might mean shareholders won’t have to pitch in to fund the R11.8bn Styldrift project.

Big three iron ore miners may join China platform

0
China's recently established iron ore trading platform may be joined by the likes of Rio Tinto, BHP Billiton and Vale.

Implats warns of job losses, R2bn in lost revenue

0
Impala Platinum warned of dire consequences flowing from the six-week strike at its Rustenburg mine, and said the strike was an attempt to destabilise the company.

Petra lifts SA mines stakes in R132m deal

0
Petra Diamonds earmarks 2.2 million carats in diamond production for this year and says it has lifted its interest in seven of its South African mines.

Gold Fields lifts gold reserves 5pc

0
Gold Fields said gold reserves increased 5% to 80.6 million ounces assuming a gold price of $1,300/oz.