Home News Page 1125

News

Rio: surge in iron ore demand to continue

0
The world needs at least 100 million tonnes of additional iron ore supply each year for the next eight years, says Rio Tinto.

Mining changes nations’ destinies, says Rio

0
Major mining developments have the potential to "fundamentally change the lives of people and, at a broad level, the prosperity of nations, if done properly", says Rio Tinto.

CoAL shares jump on Vele deal

0
Coal of Africa has taken another step to secure its tenure over the Vele project by agreeing to measures aimed at offsetting its activities in the environmentally sensitive area.

Glencore, Ramaphosa unveil Optimum bid

0
A consortium consisting of Glencore and businessman Cyril Ramaphosa has unveiled terms of a R34/share bid for Optimum Coal, but a counter offer has already been made.

Zimbabwe pledges leniency on indigenisation

0
Zimbabwe won't "force indigenisation down investors' throats", says the country's Minister for Economic Planning and Investment Promotion.

India coal demand to power Botswana

0
Once a dream, the prospect of a Trans-Kalahari railway transporting millions of tonnes of Botswana coal could now become reality as Indian demand forces the country to help finance the rail link.

ARM boosts full-year profit, dividend

0
Diversified miner African Rainbow Minerals has reported a surge in full-year headline earnings, supported by higher commodity prices and says it expects prices to remain robust.

Num accepts Amplats wage offer

0
The National Union of Mineworkers has accepted platinum producer Anglo American Platinum's wage offer, says a union spokesperson.

Resource Generation to focus on SA assets

0
Resource Generation says it has divested from its Tasmanian coal tenements to focus on its South African assets.

Uranium needs catalyst to bounce back

0
The uranium market requires some kind of flash point for the underlying fundamentals to re-assert themselves and the uranium price to move up sharply again, says Paladin Energy's CEO.