Xstrata shuts furnaces to aid Eskom
Xstrata has switched off two chrome furnaces at its Rustenburg plant to help power utility Eskom save power, but says that supplies to customers will not be affected.
Amplats paints grim outlook for platinum mining
Amplats CEO Neville Nicolau has confirmed recent assessments by analysts that the
platinum sector is facing tough times due to low prices and falling production.
Implats to rehire all fired workers
Impala Platinum Holdings and the National Union of Mineworkers have reached an agreement regarding an illegal strike at Rustenburg mine, says the union.
De Beers coy on 2012’s prospects
De Beers CEO Philippe Mellier is cautious over the diamond market’s near-term
prospects, saying the group will prioritise maintenance backlogs and waste stripping
this year.
Zuma promises ‘competitive’ mining sector
President Jacob Zuma has promised to keep the country's powerful mining sector "globally competitive".
Platinum on the back foot
The platinum sector has seemingly "caught the gold disease', with difficult days
ahead for both producers and investors.
Zuma doubles TFR budget to R200bn
President Jacob Zuma said rail would account for R200bn of the R300bn Transnet
would spend over the next seven years.
Fear not the ‘Glenstrata’ giant, says customers
Big coal buyers should not fear the merger of miner Xstrata and trader Glencore into a dominant trading force, say customers.
Optimum RBCT coal exports to fall
A combination of industrial action and the relocation of draglines would mean lower
exports from Optimum Coal for the remainder of its financial year.
Rio Tinto dividend surprise masks aluminium hit
Rio Tinto has reported a 6% drop in underlying second-half profits and took a $9.3bn charge mainly against its aluminium business, but appeased investors with a huge dividend hike.