DMR’s beneficiation plan takes shape
Tax incentives and promises to prioritise infrastructure form part of government’s strategy to attract buy-in for the state’s proposed mineral beneficiation plan, says Mines Minister Susan Shabangu.
Xstrata upbeat over commodities outlook
Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.
Sentula sees improved performance
Sentula Mining is expecting to report a rise in full-year earnings, and also sees better margins in its current financial year.
Big boost for Mozambican port
Mozambique's Ports Development Company has announced a $1bn investment over
the next 20 years to improve infrastructure at the country's main port.
CIC Energy looks for new buyer
CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.
Aurora assets to be audited for sale
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.
Rockwell makes operating profit
Rockwell Diamonds has returned to profitability, although actual production fell short of internal management targets during the year to end-February.
Germany won’t draw followers for nuclear plan
A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad, experts say.
Platinum Australia faces tough situation
Platinum Australia appears between a rock and a hard place given the labour unrest at Smokey Hills, which must perform at its best over the next two quarters to avoid a financial crunch.
Trans Hex to post a loss
Trans Hex shares rose nearly 6% on the JSE today despite the release of a trading statement showing the diamond company would report a loss of R45.1m for the year to end-March.