CSN won’t sell Riversdale stake, says CFO
CSN has no immediate plans to sell its stake in Australia's Riversdale Mining on which it is relying as a source of coal, says CFO Paulo Penido Marques.
Central Rand Gold to shut down
Central Rand Gold is to halt underground mining operations but will reassess its prospects by the end of October.
Harmony cut costs at Hidden Valley
Harmony Gold says it has cut costs at the Hidden Valley mine in Papua New Guinea, though it also experienced unscheduled "mechanical downtime" on an ore conveyer.
First Uranium ‘to pay’ Simmers debt
The settlement of Simmers’ R155m Absa notes may be one of the first new purposes envisaged by Bernard Swanepoel for the gold junior’s 25% stake in First Uranium.
Marcus appeals to nationalisation backers
Those proposing nationalisation should leave ideology out of it and need to judge how efficient state-controlled companies are, says SA Reserve Bank governor Gill Marcus.
Rio content with lesser stake in Riversdale
Rio Tinto has lowered the acceptance condition on its A$3.9bn offer for Riversdale Mining after entering into talks with a major backer of the Mozambican miner.
Pallinghurst’s lacklustre share price
Pallinghurst Resources is getting things right at the operating levels of its various interests and its NAV is rising, but the share price is yet to reflect this.
Zim plan wrecks Aquarius shares
Shares in Aquarius Platinum have tumbled amid Zimbabwe's plans to force companies to sell 51% of local assets to indigenous people.
Glencore pushes ahead with $10bn IPO
Glencore, the global commodities trading giant, is moving forward with its listing on the Hong Kong stock exchange.
Deadline moved for online mines system
The department of mineral resources has been given two more weeks to test a new online system for prospecting and mineral rights says the mineral resources minister.