Anglo’s Barro Alto to pick up pace
Anglo American's Brazilian nickel producer, Barro Alto, would reach full capacity in the second half of 2012, the company said.
Coal of Africa hugs the Mapungubwe Coalition
Coal of Africa and the Save Mapungubwe Coalition opposing the Vele mine in Limpopo Province have declared a truce and are looking to reach an agreement over the mine's development.
Mining to drive Zim growth: Biti
Gold production would double, diamonds would bag $600m ... The outlook for Zimbabwe economic growth would be based partly on its mining industry.
TFR rates threaten Matola expansion
The proposed $800m expansion of Mozambique's Matola Coal Terminal to 20 million tonnes/year would be threatened unless Transnet lowered freight rates.
Anglo’s copper target unaffected by Chile row
Changes in the ownership structure of Anglo American Sur will not detract from the group’s longer term production ambitions for copper, says an Anglo American company executive.
Delays may sink Anglo’s Codelco court bid
Chile’s courts may not hear Anglo American’s bid in time to overturn an injunction which prohibited the diversified miner from selling further stakes in Anglo American Sur.
Maputo terminal plan floated
The latest plan to provide terminal capacity to emergent coal exporters was floated at Coaltrans Mozambique. This one is for South African and Swazi companies.
Strike looms large for Lonmin
The National Union of Mineworkers rejected Lonmin's 9% to 10% wage increase offer raising the prospect of strike action.
Gillard gets tax through lower house
Australia's lower house approved a tax on miners that is expected to raise $7.8bn in its first two years.
Power situation remains critical, says Eskom
SA's power supply situation will remain critical for the next two years, says Eskom CEO Brian Dames, while still trying to play down the latest problem at Medupi.