Big three iron ore miners may join China platform
China's recently established iron ore trading platform may be joined by the likes of
Rio Tinto, BHP Billiton and Vale.
Gold Fields lifts gold reserves 5pc
Gold Fields said gold reserves increased 5% to 80.6 million ounces assuming a gold
price of $1,300/oz.
RB Plats may not tap market for R1.7bn
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.
Anglo dismisses Amplats demerger speculation
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.
Vavi, peacemaker of the platinum fields
The visit of Cosatu’s Zwelinzima Vavi to striking workers at Impala Platinum
provides insight into the profound social conditions that are sweeping the
industry.
Equatorial Resources bows to Exxaro offer
Equatorial Resources accepted an offer by Exxaro Resources for its 20% stake in
African Iron taking the South African firm's stake in the iron ore exploration firm to
86%.
ARM has Modikwa takeover, expansion in sights
African Rainbow Minerals said it could dilute Anglo American Platinum’s stake
in the Modikwa mine, or buy it if considered surplus to requirements by Anglo
American.
ARM, Vale may spend $500m to double Konkola
ARM Executive Chairman, Patrice Motsepe, sounded an expansionary note at
the group’s interim results, with the group’s Konkola copper joint venture
looking to kick on in size.
Implats contract worker beaten to death
A contract worker at Impala Platinum's troubled Rustenburg operation has been beaten to death during an assault when he tried to go to work, say police.
Northam CEO ‘conservative’ on Booysendal
Northam Platinum CEO Glyn Lewis has turned conservative on the timing and
funding of Booysendal in response to development delays and the rising risk
profile of the platinum sector.