Burnstone is on the mend – CEO Ferdi Dippenaar
The troubled Burnstone mine is getting back on track according to an update from Great Basin Gold, but RBC Capital Markets has remained cautious following a recent visit.
Anglo American may sell Amapa
Anglo American is considering selling its majority stake in the Amapa iron ore operation in northern Brazil as it focuses on its flagship Minas-Rio growth project further south.
First Uranium to layoff staff at Ezulwini
First Uranium may retrench up to half of its employees at struggling Ezulwini, saying workers will have to prove their worth over Christmas to minimise layoffs.
Platmin pledges JSE relisting by 2013
Platinum group metal producer Platmin says it has promised to relist on the JSE before January 2013.
Glencore snaps up Rosh Pinah
Glencore International has taken its stake to Rosh Pinah, a zinc producer, to just over 80% after buying shares held by Exxaro Resources and other minorities.
Harmony restarts Hidden Valley after quake
Harmony Gold said operations at Hidden Valley, its Papua New Guinea project, had resumed following an earthquake of 7.1 magnitude.
Court revokes ICT’s Sishen licence
Kumba Iron Ore owned 100% of the prospecting right to Sishen Iron Ore Company, a High Court judge said - a development that sees ICT lose its rights.
Firestone appoints Tebeila as chairman
Firestone Energy has confirmed the appointment of Timothy Tebeila as its new chairman, following the resignation of David Perkins.
Wescoal suffered ‘relentless campaign’
Coal producer Wescoal successfully had orders for its liquidation set aside after the High Court found the company had faced a 'relentless campaign' from Sutha Civils and BSM Mining.
Congo elections ‘flawed’, says US envoy
Congo's elections, won by incumbent President Joseph Kabila according to provisional results, were seriously flawed, the US ambassador to the central African country said on Wednesday.