Home News Page 1098

News

Shabangu: no casualties from mines debate

0
Mines Minister Susan Shabangu says she has found no evidence that investors are fleeing South Africa due to the nationalisation debate.

Mining surge to increase DRC’s power deficit

0
The Democratic Republic of Congo will see its energy deficit dramatically increase in the next four years due to a surge in demand from the mining industry.

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.

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.

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.

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.

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.

Exxaro’s ambitious titanium strategy

0
Competition regulations make it extremely unlikely Exxaro will be able to get its hands on Richards Bay Minerals, but CEO Sipho Nkosi won't rule the possibility out completely.

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.