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Metorex sells Sable Zinc

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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.

Acid drainage claims another shaft

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Acid mine drainage in the East Rand Basin has claimed another operation, with Gold One saying it will close its Sub Nigel 1 shaft due to rising water levels.

Govt revokes Wild Coast mining rights

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Minerals and Energy Minister Susan Shabangu withdrew a company's rights to mine heavy minerals on the Wild Coast after it failed to consult with the local community.

BHP brings new Gulf well into production

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BHP Billiton says its petroleum subsidiary is the first company in the deepwater Gulf of Mexico to bring a newly drilled well into production since the moratorium was enacted in May 2010.

Wesizwe gets ready for development

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Wesizwe Platinum says the official launch date for its Frischgewaagd-Ledig mine development project will be July 4, with TWP appointed as contractor.

Amsa ups ante in Sishen row

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ArcelorMittal SA is demanding nearly R26bn from Kumba if the steelmaker’s supply agreement for iron ore from Sishen mine is not resumed.

DiamondCorp’s Lace project to cost R126m

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DiamondCorp expects the development of its Lace project in the Free State to cost up to R126m.

RBCT exports slow down

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Coal exports from the Richards Bay Coal Terminal fell to 3.57 million tonnes in May from 4.8 million the previous month, RBCT data shows.

New De Beers CEO fits the bill – Oppenheimer

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Nicky Oppenheimer spells out why Philippe Mellier is the first outsider to be appointed CEO of De Beers, and also talks about his own future role in the diamond group.

New CEO for International Ferro Metals

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International Ferro Metals has appointed former BHP Billiton manager Christiaan Jordaan as its new chief executive.