Home News Page 1174

News

DRDGOLD output down, costs climb

0
Gold miner DRDGOLD expects its quarterly gold production to be about 3% lower, while costs will be some 6% higher.

Davies unapologetic about steel stance

0
Trade and Industry Minister Rob Davies again maintained a tough stand against steel producers, saying the government is unhappy with their prices.

China snaps up SA gold firm

0
Chinese firm Wing Hing International says it has acquired 87% of Taung Gold in a multi-billion rand deal.

Pallinghurst expects banner year for platinum

0
Pallinghurst Resources CEO, Arne Frandsen, says 2011 represents a key period of development for the group's platinum prospect, Platmin.

Evraz Highveld CEO to leave within a week

0
Evraz Highveld Steel and Vanadium, SA's second-largest steel producer, says that its CEO has tendered his resignation.

Gold One output jumps 21%

0
The increase in gold production at Gold One was largely due to development at Modder East.

Liquidators warn Aurora – again

0
Aurora has to prove it has made progress in finding investors for the Pamodzi mine or face being kicked out of the deal, says liquidator Enver Motala.

Harmony to reopen Joel mine

0
Harmony Gold, the world's fifth largest gold miner, says that a mine it had shut after a fatality last week will reopen with the morning shift on Wednesday.

Metorex copper output up 8%

0
Metorex increased production despite seasonally high rainfall and the installation of a new modified transformer at Ruashi.

Jubilee to acquire chrome ore company

0
Mining exploration and development company Jubilee Platinum has unveiled plans to acquire a firm that treats chrome ore in the platinum-rich western Bushveld.