Home News Page 1055

News

Rio Tinto’s iron ore output flattens out

0
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.

Xstrata Coal sells Spitzkop, Tselentis

0
Xstrata Coal has the sale of its Spitzkop and Tselentis collieries and supporting coal assets in Mpumalanga to the Imbawula Group.

Forbes Coal posts revenue increase

0
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.

Anglo ordered to release Mitsubishi contract

0
Anglo American is on the back foot in its dispute with Codelco as a Chilean court orders it to release the sale contract signed with Mitsubishi over a stake in Anglo American Sur.

Miranda set to announce resolution

0
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

0
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.

Friedland to storm back with IvanPlats

0
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.

Iron ore prices lift Kumba earnings

0
Kumba Iron Ore says an increase in export iron ore prices has substantially lifted its full-year earnings.

Authorities halts Petmin’s SamQuarz sale

0
Petmin says its proposed sale of the SamQuarz silica mine has been disallowed by the Competition Commission.

Godongwana stays as state intervention ‘chief’

0
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.