Platmin to delist until better days return
Platmin, a platinum group metals developer and explorer operating in South Africa, is to delist from Toronto and Johannesburg saying its share was under-valued and poorly traded.
South Korean firm joins SA rare earth project
South Korea's state-run Korea Resources Corporation has reached a definitive agreement to take part in a large-scale rare earth element development project in South Africa.
Anglo punts fuel cells as SA growth driver
South Africa has the potential to become a global leader in the development and manufacturing of fuel cell technology, says Anglo American CEO Cynthia Carroll.
RBPlat sees Styldrift’s first output by 2015
Royal Bafokeng Platinum expects to have first production at its Styldrift 1 project in the second quarter of 2015.
MPRDA changes on hold for ANC mines plan
Draft versions of the amended Mineral and Petroleum Resources Development Act will not be finalised prior to the ANC National Policy Conference in June 2012.
London Mining starts up Sierra Leone iron ore
Londong Mining has started production of iron ore from its Marampa operation in Sierra Leone and the first shipment is on track to be completed by the end of this year.
Rio Tinto to invest $2.7bn more in smelter
Global miner Rio Tinto says it will invest an additional $2.7bn to modernise its Kitimat aluminium smelter in Canada's British Columbia.
Gold hits 2-week high on gains in equities, euro
Gold has hit a 2-week high as gains in equities and the euro prompt buying from speculators, after central banks took action to prevent the euro-zone debt crisis from igniting a global meltdown.
SA eyes R400bn nuclear build price tag
South Africa plans to spend an estimated R400bn on building up its nuclear electricity-generating capacity, says Energy Minister Dipuo Peters.
Harmony Gold not selling Joel mine – paper
Harmony Gold is not planning to sell its Joel mine, reports Business Day newspaper.