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.
Tanzania moves to aid small scale miners
Tanzania's government has allocated just over 100,00 hectares of land to its small
scale mining industry.
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.
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%.
Back to work, Vavi tells Implats workers
Cosatu general secretary Zwelinzima Vavi has urged striking mineworkers at Impala Platinum's Rustenburg mines to return to work, according to a report by Sapa.
‘Little support’ for Kasukuwere’s Mimosa plan
ZIMBABWE’S Empowerment Minister, Saviour Kasukuwere has little support to force
Impala Platinum to give up its entire shareholding in Mimosa, says a member of
cabinet.
Impala dealt 30-day ultimatum on Mimosa
Zimbabwe has ratcheted up the pressure on Impala Platinum and Aquarius
Platinum, demanding they come up with an acceptable indigenisation plan for
Mimosa or face "enforcement mechanisms'.