Home News Page 1100

News

Kumba output hit by excessive rainfall

0
Kumba Iron Ore has reported a 23% decline in quarterly production, hit by excessive rainfall at all operations.

Namibia’s state miner pockets key rights

0
Namibia's government has awarded its state-owned mining company "exclusive exploration and mining' rights to a host of strategic minerals, according to a news report.

AngloPlat keeps target despite output drop

0
UPDATED: Anglo Platinum has kept its full-year production target, despite a 5% fall in first-quarter output attributed to safety stoppages.

Nkwe, rival told to kiss and make up

0
Nkwe Platinum will be forced to sit down and talk with its court rival over prospecting rights on a farm it lost in a Constitutional Court judgment last year.

Shanduka takes over Sentula

0
Cyril Ramaphosa's unlisted mining group Shanduka Resources is to list its coal assets on the JSE through a takeover of Sentula Mining, which will be renamed Shanduka Mining.

Rains hit Anglo hard

0
Anglo American has stuck to its production targets despite a first quarter that saw floods and heavy rains hampering output, with coal output from its Australian operations down by over a third.

CSN sells Riversdale stake

0
Brazilian steelmaker CSN has struck a deal to sell its 19.9% stake in Mozambican-focused coal miner Riversdale to Rio Tinto for $830m.

Gold powers above $1,500

0
Gold has rallied above $1,500 an ounce for the first time, extending a run of record highs as investors seeks to hedge growing inflation risks and buy into a broad commodities rally.

BHP boosts iron ore output, warns on coal

0
BHP Billiton's iron ore production has jumped, but persistent rains in Australia are delaying its coal output recovery.

Harmony exposed to corporate action

0
Harmony CEO Graham Briggs believes his group is undervalued and exposed to corporate action, should a predator be lured by the rich pickings in the Wafi-Golpu project.