Forbes Coal posts revenue increase
Forbes & Manhattan Coal, which has listings in Toronto and Johannesburg, has reported a 245% increase in revenue year-on-year for the quarter to end-November 2011.
Rio Tinto’s iron ore output flattens out
Rio Tinto has reported near-flat production growth of iron ore for the fourth quarter, weaker than some market expectations amid concerns that Chinese demand is softening.
Miranda set to announce resolution
Miranda Minerals is hoping to draw a line under shareholder in-fighting that almost took the company to bankruptcy.
Watchdog explains ruling on Petmin’s SamQuarz
Allowing the sale of Petmin’s SamQuarz silica mine to Thaba Chueu will enable the buyer to control the critical input of its downstream competitors, says the Competition Commission.
Niger to pursue nuclear despite Fukushima
Niger will push ahead with a plan to develop civilian nuclear energy in partnership with other West African peers despite recent accidents including Fukushima, says the country's president.
Xstrata Coal sells Spitzkop, Tselentis
Xstrata Coal has the sale of its Spitzkop and Tselentis collieries and supporting coal assets in Mpumalanga to the Imbawula Group.
Friedland to storm back with IvanPlats
Speculation has it that billionaire mining entrepreneur, Robert Friedland, will shake off the disappointment of losing a legal fight with Rio Tinto by listing IvanPlats, the African platinum and base metals play.
Codelco, Anglo both claim edge in Sur battle
Codelco and Anglo American both claimed to have landed clean blows on each other in their increasingly bitter legal battle for a stake in Anglo American Sur.
Godongwana stays as state intervention ‘chief’
Enoch Godongwana, who is serving his last day in Cabinet, will remain in his position as head of the ANC’s committee that will handle the report on state intervention in mining.
Uranium One plays Mantra option
Uranium One has announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011, and will acquire a 13.9% stake in Mantra.