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Kumba justifies claiming it all

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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.

Zimbabwe approves mineral exploration body

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Zimbabwe's Cabinet has approved the draft framework for establishing a company to spearhead exploration of minerals throughout the country, according to a report.

CoAL Chapudi deal extended again

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CoAL of Africa's efforts to land its $85m Chapudi coking coal deal from Rio Tinto have been frustrated again.

Wescoal sells plant in restructure

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Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.

Harmony boosts annual dividend

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Harmony's operating performance for the year to June fell short of management's guidance but profits and dividend are up and so is the share price.

Anooraq disappoints yet again

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The sooner Anooraq Resources sorts out its future with Anglo American Platinum the better as the company's share price remains depressed because of its grim financial situation.

Amsa fires first in court showdown

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Senior Council for ArcelorMittal argue mining law does not allow for fractional mining permits in a court showdown that is crucial in the security of tenure debate in South African mining.

Impala ups wage offer

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The National Union of Mineworkers says Impala Platinum (Implats) has improved its wage offer in a bid to avert a strike.

Eskom execs get packet

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ESKOM's two executive directors received R3.54m in bonus payouts in the past year in addition to normal salaries.

Platmin faces production delays

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The riots at Platmin's Pilanesberg mine in June could set back the ramp-up to full production by three to six months.