Vale’s Metorex quest likely to end
The chance of a bidding war breaking out for Metorex is doubtful, especially as Jinchuan has set down plans to further improve its R8.90 per share offer.
Lonmin ‘set’ for 950,000 oz target
All is in place to achieve an output target of 950,000 ounces by 2015, says platinum producer Lonmin.
Num threatens gold sector strike
The National Union of Mineworkers says it is preparing to strike after the Chamber of Mines refused to budge from its 4.2% wage hike offer.
Rockwell speeds up projects
Rockwell Diamonds has accelerated a number of projects to enhance the recovery of diamonds on existing operations as well as at the Tirisano project.
Chinese beat Vale’s Metorex bid
Metorex has received a better takeover bid offer from Jinchuan, but Vale is sticking to its price.
Gold Fields sees output rise, but doubts remain
Gold Fields expects its production in the second quarter to rise by 5%, while analysts said it would struggle to meet its year target.
Tough times at the face
New entrants to South Africa's coal sector had a bucket of cold water thrown over them at the recent Coaltrans South Africa conference.
Zambian coal power plant construction to start
Singapore's Nava Bharat Pte plans to start construction of a 300MW coal-fired power plant in Zambia by the end of 2011 and complete it by 2014, says company director Ashwin Devineni.
Platmin expects prolonged disruption
Operations at the Pilanesburg platinum mine belonging to Platmin will be disrupted for some time, following an illegal disruption by employees of the mining contractor.
Cosatu, ANCYL ‘on same page’ over nationalisation
The ANC Youth League's position on nationalisation and land reform is in line with that of Cosatu and its affiliate Numsa, says the union's general secretary Irvin Jim.