Home News Page 1151

News

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.

Orkney’s new knight in Chinese armour

0
The first of 2,500 laid-off workers at Pamodzi Gold’s Orkney mine may be back at work by the end of October if the court this week approves the R150m buyout offer.

Sishen showdown set to commence

0
The dispute over Kumba Iron Ore’s Sishen mine will come to a head from Monday when the protagonists square off in court over a 21.4% right in a world-renowned mineral asset.

Volumes, prices to boost Impala earnings

0
Impala Platinum is expects its full year earnings to be significantly higher, as dollar prices for metals increased and sales volumes improved.

Rockwell plans to up its technical game

0
Rockwell Diamonds CEO James Campbell is on a mission to improve the company's technical ability for the recovery of diamonds, before embarking on major new expansion projects.

Gold Fields makes hay of price spike

0
Gold Fields has significantly benefitted from the rising gold price during the June quarter, managing to translate a 5% production increase into 15% earnings growth.

Sales of BEE shares worrying, says Xingwana

0
The selling of mining shares granted to blacks is undermining transformation, says Minister of Women, Children and People with Disabilities Lulu Xingwana.

Labat investor seeks $2m from Aurora

0
A $2m investment intended for JSE-listed IT firm Labat Africa has found its way to the bank coffers of Aurora Empowerment Systems, reads a company statement.

No nationalisation, says Gold Fields

0
Gold Fields CEO Nick Holland remains confident that nationalisation will not happen, although he concedes it is increasingly worrying foreign investors.