Home News Page 1122

News

Anglo nears sale of $1bn zinc business

0
Anglo American nears the sale of its $1bn-plus zinc businesses.

Implats retirees to boost ops

0
Impala Platinum has put two former executive stalwarts - ex-CEO John Smithies and former head of Rustenburg operations Paul Visser - back in harness as it strives to improve its Rustenburg operations.

Metmar acquires 40% of Zim Alloys Chrome

0
Metmar Africa, in which JSE-listed Metmar Limited, has acquired a 40% stake in Zimbabwe Alloys Chrome for $51.3m.

Wesizwe hunts partner, clears Solomon

0
Wesizwe hunts for a partner to develop its platinum project after its CEO Mike Solomon is cleared of any financial impropriety, clearing the air after a heated boardroom battle last year.

Eastplats loss narrows

0
EASTERN Platinum (Eastplats) on Wednesday reported a full year net profit attributable to equity shareholders of $5.7m compared to a net loss of $209.4m previously.

Lonmin shuts main furnace for month

0
Lonmin shuts its perenially problematic key furnace for a month but offsets production losses by starting up three smaller furnaces.

Jubilee Platinum H1 loss narrows

0
Mining exploration and development company Jubilee Platinum, has reported the narrowing of its first half headline loss to 0.11 pence a share from 0.37 pence a share the year before.

Platmin loss widens to $11.1m

0
Platinum junior Platmin, which is developing mines in South Africa, has reported the widening of its loss to $11.1m for the 10 months to end December 2009.

Angloplat sees a more “moderate” dividend policy

0
Anglo Platinum is learning from the past, so when it resumes dividend payments it will adopt a more 'moderate' policy, says its financial director.

Temasek invests $100m in Platmin

0
UPDATED - Singapore's Temasek invests $100m in Platmin, marking what promises to be the first of a number of investments in South Africa. Platmin is to raise a further $250m in a rights issue.