Home News Page 1097

News

Kibali mine running by 2014 – Randgold

0
Randgold Resources and Anglogold Ashanti's Kibali joint venture in northeastern Congo will be fully operational by the beginning of 2014, says Randgold's CEO.

Metorex regains some lost ground

0
Metorex shares have staged a small comeback as worries subside over whether its proposed takeover deal by China’s Jinchuan Group is in danger of being terminated.

Amsa plan to buy ICT still on – report

0
ArcelorMittal SA says it may still buy Imperial Crown Trading to regain a disputed iron ore supply deal, according to news daily Business Report.

Gold miners again take to hedging

0
Gold mining companies in the second quarter reported their first consecutive quarterly net hedging in 10 years, says GFMS and Societe Generale.

Jubilee flogs farm, seeks investor

0
Anglo Platinum deemed the suitor for minerals owned by Jubilee Platinum's Tjate Platinum Corporation. Jubilee also in talks to attract investor for $650m mine.

Lonmin’s favourable deal on Messina

0
Lonmin has struck a favourable deal over its mothballed Messina platinum mine, according to JP Morgan Cazenove, but only if Shanduka delivers the goods operationally.

RBCT’s Chirwa set to resign

0
Raymond Chirwa looks set to relinquish his position at Richards Bay Coal Terminal after just over two years at the helm.

Jindal to build 2,640 MW Moz power plant

0
Mozambique granted India's Jindal Steel & Power approval to build a 2,640MW coal-fired power plant in the country's Tete province, says the energy ministry.

Zuma speaks out on nationalisation

0
Nationalisation is not policy but a current debate, President Jacob Zuma has said at a business function hosted by newspaper The New Age.

Workers, Chamber to protest over safety

0
Thousands of mineworkers are expected to down tools over safety on Tuesday, says the National Union of Mineworkers.