Home News Page 1125

News

Kumba lets fly at ICT testimony

0
Kumba Iron Ore has laid into allegations that it had deliberately sabotaged ICT's application for a 21.4% prospecting right in Sishen mine to make the submission appear fraudulent.

Jinchuan lays out strategy for Metorex

0
Chinese resource heavyweight Jinchuan intends using Metorex as a strategic platform for further developments in Africa and wants to keep the present management on board.

Forbes sets out growth targets

0
Forbes Coal said run-of-mine coal production would increase just over 400,000 tonnes from its two KwaZulu-Natal province mines in the current financial year.

CoAL Chapudi deal extended again

0
CoAL of Africa's efforts to land its $85m Chapudi coking coal deal from Rio Tinto have been frustrated again.

Amsa fires first in court showdown

0
Senior Council for ArcelorMittal argue mining law does not allow for fractional mining permits in a court showdown that is crucial in the security of tenure debate in South African mining.

Harmony boosts annual dividend

0
Harmony's operating performance for the year to June fell short of management's guidance but profits and dividend are up and so is the share price.

Wescoal sells plant in restructure

0
Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.

Eskom execs get packet

0
ESKOM's two executive directors received R3.54m in bonus payouts in the past year in addition to normal salaries.

Anooraq disappoints yet again

0
The sooner Anooraq Resources sorts out its future with Anglo American Platinum the better as the company's share price remains depressed because of its grim financial situation.

Impala ups wage offer

0
The National Union of Mineworkers says Impala Platinum (Implats) has improved its wage offer in a bid to avert a strike.