Transnet progress a boon to Wescoal
Better delivery by Transnet Freight Rail has offered respite to Wescoal's troubled trading operations, says the junior coal miner.
Wescoal doubles interim earnings
Wescoal has reported an interim diluted headline earnings increase of 141%.
Anglo: SA needs more private power
Anglo American says SA's new 20-year energy plan needs to make provision for industries wanting to invest in their own power plants.
Nkwe Platinum’s legal woes mount
Nkwe Platinum has received what appears to be a major legal setback to its development plans, but the company remains confident it will be able to hang onto its prospecting interests.
Community wins landmark rights case
A Limpopo-community has won a Constitutional Court case to set aside a prospecting right over its land, reports Business Day.
Metorex set to ride copper wave
Metorex is the stock of choice for SA investors who seek exposure to the rallying copper price in a market that doesn’t offer much choice, analysts say.
DMR accepts ConCourt rights ruling
Government has welcomed a judgement by the Constitutional Court which clarified the extent of community consultation in respect of awarding mineral prospecting rights.
Further delay at CoAL’s Vele colliery
The resumption of mining operations at the Vele coking coal mine has been pushed back into the first quarter of next year, but Coal of Africa remains focused on its overall growth strategy.
Vale, Rio to raise iron ore prices
Top iron ore miners Vale and Rio Tinto are likely to raise contract prices by 4% for the first quarter from the fourth quarter, reflecting gains in spot prices over the past three months.
Anglo to focus exploration on South America
Anglo American is focusing the bulk of its exploration efforts on copper and nickel in South America and the Arctic, while any further growth in iron ore will come from joint ventures or acquisitions.