Karee outage hits Lonmin shares
Lonmin’s shares have lost ground following a downward revision of the company’s production target, coupled with an upward adjustment of unit costs.
Pan African targets higher profit margins
Pan African Resources will increase production from its Barberton Mines by 20% through a dump retreatment operation, and also intends improving profit margins by generating its own power.
Exxaro thwarted in Territory bid
UPDATED: Exxaro is reviewing its position after its bid for Australian iron ore miner Territory Resources was trumped by Hong Kong's Noble Group.
Beneficiation now official policy, says Manyi
Cabinet has approved mineral beneficiation as policy for South Africa, says spokesperson Jimmy Manyi.
Chamber objects to Eskom, Transnet changes
The Chamber of Mines says it is "deeply concerned' about the removal of Eskom’s chairperson, as well as suggestions that Transnet’s chair is also on his way out.
Firestone makes rights progress
Firestone Energy's application for mining rights made by its joint venture with Sekoko Resources has been approved at a regional level by the department of mineral resources.
Metorex sells Sable Zinc
Metorex has sold its Sable Zinc processing plant in Zambia to Glencore, dealing with one of the issues which has delayed its proposed acquisition by Brazilian resource giant Vale.
Mines DG to step down, says Shabangu
The director general of the department of mineral resources, Sandile Nogxina, will step down at the end of June to take early retirement, says Mines Minister Susan Shabangu.
Malema targets mines in new film
ANC Youth League leader Julius Malema says in a new documentary that SA's mines must be nationalised to return mineral wealth - stolen by white colonists - to the black majority.
Iron ore rail line expansion ‘on track’
Transnet is on track to expand its iron ore and manganese rail line to an annual capacity of 60 million tonnes by 2012/13, says its CEO.