Home News Page 1174

News

SA ferrochrome output to double

0
South Africa's production of ferrochrome, a steel-making ingredient, is forecast to more than double by 2015.

NUM urges Northam to make ‘good offer’

0
The NUM called on Northam Platinum to return to the negotiating table with a good offer in order to resolve the four week standoff at the platinum producer's Zondereinde mine.

Metmar to benefit from investment sale

0
Metmar, the commodity trader, said first half earnings would be up to 27% higher after selling an investment.

Aus firm makes Moz discovery

0
An Australian mining company says it has discovered deposits in Mozambique of rare minerals with a variety of industrial uses.

Stockpiles will help us through: Kumba

0
Stockpiles would help Kumba Iron Ore through next week's strike planned by the National Union of Mineworkers, the company said.

AngloGold expects Obuasi output lift

0
AngloGold Ashanti expected its Obuasi mine in Ghana to produce about 400,000 ounces a year from 2012, a 14% uplift.

Petra secures $78m in new loans

0
Petra Diamonds will use new debt facilities to finance expansion of the Williamson mine in Tanzania and the Cullinan mine in SA.

Gold party set to continue

0
Participants at the London Bullion Market Association annual conference voted that gold would reach at price of $1,406/oz in the coming 12 months.

BHP and Potash Corp battle heats up

0
Resources giant BHP Billiton plans to later this week file a motion to have Potash Corporation of Saskatchewan's lawsuit dismissed as the proposed hostile bid heats up.

Harmony mine stays shut after tremor

0
Operations at Harmony Gold's Bambanani mine in South Africa has remained suspended after an earth tremor.