RBPlats likely to tap market for Styldrift funds
The basket price for platinum group metals was likely to see Royal Bafokeng
Platinum tap shareholders for funds to complete its R7.9bn share of the Styldrift
project, but not before 2014.
Village keeps to dividend promise
Village Main Reef will distribute around 75% of its proceeds from First Uranium
as a special dividend to shareholders.
Shares in ContiCoal recover after mystery slide
Shares in Australian-listed Continental Coal, which operates two mines in South
Africa and is developing two others, recovered after a mystery one-quarter
decline.
Aquarius ices Everest, blames market, unions
Aquarius Platinum, in an effort to preserve cash amid crippling platinum group
metal prices, has put its Everest project on care and maintenance - the second
mine it has shelved in a month.
How to get ahead in mining
The possibility of earning a good keep with a career in mining will not be over
soon, but careful planning and a knack for some key soft skills will make you
rise higher than your well-paid peers.
Wescoal storms back, optimism high
Wescoal said high domestic prices and new production from the Eskom-
dedicated Vlakvarkfontein boded well for another earnings improvement in the
current financial year.
PTM waves the flag for Western Bushveld JV
Platinum Group Metals has confirmed it is proceeding with its plans to finance
and complete the Western Bushveld JV platinum mine, as well as expanding its
Waterberg discovery.
Optimum Coal’s loss is Metmar’s Gain
The R92m Peter Gain walked away with following the R10bn sale of Optimum
Coal Holdings to Glencore International is being pumped into recapitalising
Metmar, the metals trading company.
Cool response to Exxaro option “frustrates’ CoAL
Coal of Africa CEO John Wallington is left disappointed as the market reacts
indifferently to news that the company and Exxaro Resources remain in talks
over Makhado.
New Tronox ready for NYSE listing
Exxaro Resources is nailing its colours to the mast to list one of its joint
ventures on the New York Stock Exchange.