Sandvik predicts metals Q3 weakness
Swedish engineering firm Sandvik said metals prices would be weaker in the third quarter but generally the markets were in decent shape.
Village Main Reef set to churn cash
If the rand gold price stays at current levels Village would generate the kind of cash that would make a mockery of its current share price according to CEO Bernard Swanepoel.
Zim mines minister calls for calm
Obert Mpofu, supported by empowerment and youth minister, Saviour Kasukuwere, say mining licences will not be cancelled in Zimbabwe as negotiations on indigenisation continue.
Deals too expensive, says Anglo’s Carroll
Mining shares were still too expensive to tempt Anglo American into any acquisitions, says the group's CEO, Cynthia Carroll.
Forbes Coal posts record exports
Forbes Coal exported 192,400 tonnes of coal in the second quarter of its financial year.
Fedusa: Govt not serious about acid water
The Federation of Unions of SA has accused the government of not addressing the threat of acid mine drainage.
Petmin drives its diversification strategy
Petmin has sold its Samquarz silica mine at a handsome profit as it diversifies into commodities such as iron ore and copper where chairman Ian Cockerill believes future profits lie.
Guinea to review mining contracts
Unconscionable provisions in mining contracts conducted with Guinea's former government would be overturned in a comprehensive mining review announced by the country's mines minister.
Rockwell wants Sandile Zungu to cough up
New theme tune at Rockwell's head office has to be Bruce Springsteen's "pay me my money down" as CEO James Campbell goes after BEE partner Sandile Zungu for money owed.
Vale readies first 35kt of Mozambique coal
Brazilian miner Vale said it would export its first coal from its Mozambique mine on Wednesday after resolving bottlenecks on the rail line.