Flooding continues to impact BHP Billiton
BHP Billiton has reported a bigger-than-expected quarterly jump in metallurgical coal production from flood-hit eastern Australia.
Merafe expects sharp drop in earnings
Ferrochrome producer Merafe Resources expects sharply lower earnings for the six months to June and is cutting back production because of current weaker market conditions.
Metorex output stays flat
Copper producer Metorex has said first-half copper output rose 1% compared with the preceding six-months, while production of cobalt fell 6%.
Coal workers want ‘reasonable’ offer
At the start of wage negotiations in the coal sector, unions demand a 14% wage hike, while firms offer 5%.
Coal law could benefit SA exporters
Draft legislation in Indonesia could prove very profitable for South African coal exporters seeking to export lower quality coal to India and China.
IFM set to turn corner
International Ferro Metals remains on track to lower its cost base as it prepares to cash in on an expected increase in demand for stainless steel.
Gold Fields resumes Beatrix operations
Gold Fields has resumed operations at the No.3 shaft of its Beatrix mine, says a company spokesperson.
Eastplats disappoints yet again
Eastern Platinum has just reported its third consecutive quarter of falling production, which explains the slump in the share price so far this year.
China cool on ‘expensive’ SA coal
The price of importing South African coal into China has fallen to be nearly on par with Chinese domestic rates, but buyers are not biting, industry players say.