Home News Page 1100

News

Wescoal to oppose liquidation application

0
Wescoal Holdings says it will oppose an application to liquidate its subsidiary, Wescoal Mining.

Strike to hit coal sector

0
More than 250 000 workers in the coal industry look set to down tools.

Vale’s Metorex quest likely to end

0
The chance of a bidding war breaking out for Metorex is doubtful, especially as Jinchuan has set down plans to further improve its R8.90 per share offer.

Lonmin ‘set’ for 950,000 oz target

0
All is in place to achieve an output target of 950,000 ounces by 2015, says platinum producer Lonmin.

CoAL shares rocket on Vele go-ahead

0
Coal of Africa’s shares are surging after an announcement that it has been authorised to restart operations at Vele, its coal project close to Mapungubwe.

Major oil find off Namibian coast

0
Billions of barrels in oil reserves have been found off Namibia's coast, which could make the country a top producer.

Num threatens gold sector strike

0
The National Union of Mineworkers says it is preparing to strike after the Chamber of Mines refused to budge from its 4.2% wage hike offer.

Chinese beat Vale’s Metorex bid

0
Metorex has received a better takeover bid offer from Jinchuan, but Vale is sticking to its price.

Rockwell speeds up projects

0
Rockwell Diamonds has accelerated a number of projects to enhance the recovery of diamonds on existing operations as well as at the Tirisano project.

Gold Fields sees output rise, but doubts remain

0
Gold Fields expects its production in the second quarter to rise by 5%, while analysts said it would struggle to meet its year target.