Home News Page 1081

News

Zambia suspends issuance of mining licences

0
Zambia has suspended the issuance of new mining licences to root out potential corruption and "clean up" the process, says its mines minister.

SA nuclear bid could be worth R1 trillion

0
Energy Minister Dipuo Peters has confirmed that a tender proposal for the construction of 9,600 MW of nuclear power by 2030 may be worth at least R1 trillion.

Xstrata tells unions to take it or leave it

0
Xstrata has threatened to pull out of its proposed employee share ownership plan after a labour dispute related to the scheme had culminated in a protected strike.

BHP’s iron ore output climbs, copper falls

0
BHP Billiton has posted a 24% rise in quarterly iron ore production as it boosted sales to Asian steel mills, but copper output from its Escondida mine in Chile has declined.

Gold Fields Q3 production up 3%

0
Gold Fields has posted a 3% rise in third quarter gold production, as the world's fourth-largest gold miner overcame a strike that halted output for five days in July.

CoAL allowed to proceed with Vele

0
Coal of Africa says it is ready to begin full operations at its Vele colliery, after the government lifted a suspension of the project's integrated water use licence.

Gold One gets Chinese go-ahead for Jintu deal

0
Gold One International says that the Chinese government has approved its Jintu transaction.

DMR blames fiscus for capacity ills

0
Parliament’s mining portfolio says it will summon Treasury to explain why the Department of Mineral Resources has not been given enough money to fill crucial vacancies.

Xstrata posts coal output record

0
Xstrata has posted record thermal coal production in the third quarter and a more than 7% rise in overall coal output, thanks to the start of operations at its Mangoola mine.

Gemfields goes big on emeralds

0
London-listed Gemfields is generating cash hand-over-fist and intends using its financial strength to gain greater control over the world's emerald business.