Rio Tinto accepts Chinese offer for Kalahari
Rio Tinto has accepted China Guangdong Nuclear Power Corp's bid for its 11.1% stake in Kalahari Minerals.
NPC revives coal export permit debate
Eskom is negotiating with suppliers to secure future coal supply, but failure to
advance talks should be dealt with by export regulation, a National Planning
Commission member has said.
Juniors hold key to Eskom coal deficit
Eskom's Dan Marokane said domestic coal supply from 2018 remained an urgent
issue, but that consolidation in South Africa's junior mining sector could help bridge
the deficit.
Diamond prices have stabilised, says Petra
Rough diamond prices have now stabilised, according to Petra CEO Johan Dippenaar,
but Numis Securities reckons the drop in the second half of 2011 was worse than
expected.
Implats starts to dismiss ‘no shows’
Workers who did not report for duty at Impala Platinum Holdings Rustenburg mine on Wednesday will be dismissed, says the company.
SA ‘a difficult place’ to be, says Aquarius
Aquarius Platinum CEO Stuart Murray has severely criticised the regulatory
uncertainties that adversely affect the group’s operations in both SA and Zimbabwe.
Merafe’s 2011 ferrochrome production declines
Merafe Resources' attributable production of ferrochrome declined to 263,000 tonnes in the year ended December 2011 from 300,000 tonnes the previous year.
Xstrata 2011 coal production up, copper dips
Xstrata has posted record output from its Australian thermal coal operations in 2011 as newly commissioned Mangoola helped offset a flood-hit start to the year and strikes in SA.
Gold One targets 300,000 oz for 2012
Gold One International has set its production forecast for 2012 at 300,000 oz, aided
by the continued ramp-up of Modder East and new contributions from Rand Uranium.
Wits Gold may seek R450m in rights issue
Wits Gold may tap shareholders for up to R450m and introduce new ones in an
effort
to boost the share’s liquidity, says CEO Philip Kotze.