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.
ICT: Kumba’s Sishen rights ‘non-existent’
Imperial Crown Trading 289 has questioned the status of Kumba's 78.4% mining right over Sishen mine, saying the firm had not registered its converted
right on time.
Peru, miners in pact to change royalties
Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, say sources on both sides of negotiations between companies and government.
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.
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.
Platmin faces production delays
The riots at Platmin's Pilanesberg mine in June could set back the ramp-up to full production by three to six months.