Optimum surges on deal prospects
Shares in Optimum Coal Holdings are on the charge following a cautionary announcement and expectations it would add assets to its porfolio.
SA ‘sacrifices’ water for gold
SA has sacrificed its water for gold and the yellow metal has therefore become a curse as acid mine drainage is affecting the economy and health of citizens, says an expert.
Kumba justifies claiming it all
Kumba Iron Ore has offered some detail to its arguments as to why it shouldn’t be compelled to supply iron ore to ArcelorMittal SA, or anybody else, at a discount.
Kumba lets fly at ICT testimony
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
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.
RBPlat strikes landmark wage deal
Royal Bafokeng Platinum CEO Steve Phiri is describing the wage deal struck with the National Union of Mineworkers as "landmark" because it links pay to performance
targets.
Zimbabwe approves mineral exploration body
Zimbabwe's Cabinet has approved the draft framework for establishing a company to spearhead exploration of minerals throughout the country, according to a report.
Forbes sets out growth targets
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.
Anooraq disappoints yet again
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.
CoAL Chapudi deal extended again
CoAL of Africa's efforts to land its $85m Chapudi coking coal deal from Rio Tinto have been frustrated again.