Brown ‘stunned’ as Kasukuwere stands by demands
Impala Platinum CEO, David Brown, admits being stunned by Zimbabwe
minister Saviour Kasukuwere’s demands that the firm dispose of its shareholding in
Mimosa Platinum.
‘We will kill them if they go to work’
Impala Platinum has agreed to re-employ 17,200 workers who were dismissed for
striking illegally, but the company has yet to resolve the underlying reasons for the
strike.
Implats loses 80,000 oz to date at Rustenburg
Impala Platinum says the violent labour dispute at its flagship Rustenburg operations has cost it 80,000 ounces in lost production to date.
Implats ‘troubled’ by Kasukuwere’s curve ball
Impala Platinum says it "notes with concern' a statement attributed to Zimbabwe’s
Indigenisation Minister, Saviour Kasukuwere, that it has to sell its entire stake in
Mimosa.
Rio Tinto to invest in driverless iron ore trains
Rio Tinto is investing $518m in driverless trains for its 1,500km Western Australian iron-ore rail network as the world no. 2 iron ore miner aims to boost output 60% by 2015.
IFM ponders Eskom buy-back offer
International Ferro Metals may soon join SA’s other ferro alloy producers by shutting
down furnaces in an allocation buy-back agreement with Eskom.
Anglo to assess Amplats restructuring
UPDATED: Anglo American CEO, Cynthia Carroll, has lost patience with declining
returns from its listed platinum business, Amplats, and is now considering its "optimal
configuration".
Nkwe unfazed over ARM’s rights threat
Nkwe Platinum has played down the company’s unresolved row with ARM and Amplats,
saying the dispute won’t stand in the way of the company advancing a flagship
project.
Merafe/Xstrata in power deal with Eskom
The chrome venture between Xstrata and Merafe Resources will temporarily shut down five ferrochrome furnances to assist Eskom with power supply constraints.
Anglo, Kumba join West Africa iron ore rush
Anglo American and Kumba Iron Ore have joined forces to eke out possible iron ore
opportunities in Africa, especially the in-vogue West Africa region.