Home News Page 1072

News

Amsa plant resumes production

0
ArcelorMittal SA, a unit of the world’s biggest steelmaker, has resumed full production at its Newcastle plant that was hit by a furnace failure last year, says the company.

Court orders Aurora’s Zuma to pay R10m

0
A high court judge has granted default judgment against the chairperson of liquidated Aurora Empowerment Systems, Khulubuse Zuma, for the payment of R10m.

Three more Miranda board members resign

0
Three more board members of Miranda Minerals, including its chairperson, have resigned following a court ruling which had put the company’s future in jeopardy.

BHP suspends work at Khutala after fatality

0
BHP Billiton's SA coal unit has suspended mining activities at the underground operations of its Khutala colliery after a fatality at the mine, says the company.

Transnet unveils R17bn coal solution

0
The much-vaunted Lothair rail project, expected to help massively ramp up coal deliveries to Richards Bay, was officially unveiled with a completion date of 2016 set for the initiative.

Desperate PLA lets go of Smokey Hills contractor

0
Platinum Australia is hoping for a fresh start after a share price plunge of around 90% in 2011, announcing it will from now on conduct its own operations at the Smokey Hills mine.

Mboweni buys stake in iron ore junior

0
Former Reserve Bank Governor Tito Mboweni and his brother, Alto, will buy up to 20% of iron ore junior Ferrox Holdings in a $32m deal.

Eskom asks for 10% drop in power use

0
Power utility Eskom says it needs people to cut their power usage by 10% to keep the country's electricity supply running.

LME board to consider bids in late February

0
The London Metal Exchange has several serious potential bidders and will consider takeover proposals at its board meeting in late February, says CEO Martin Abbott.

Gold Fields agrees plan to resume Kyrgyz drilling

0
Gold Fields has signed an agreement with Kyrgyz villagers that will enable it to resume drilling at a prospective copper deposit, three months after an arson attack.