Platmin loss widens to $11.1m
Platinum junior Platmin, which is developing mines in South Africa, has reported the widening of its loss to $11.1m for the 10 months to end December 2009.
Lonmin shuts main furnace for month
Lonmin shuts its perenially problematic key furnace for a month but offsets production losses by starting up three smaller furnaces.
Angloplat sees a more “moderate” dividend policy
Anglo Platinum is learning from the past, so when it resumes dividend payments it will adopt a more 'moderate' policy, says its financial director.
Temasek invests $100m in Platmin
UPDATED - Singapore's Temasek invests $100m in Platmin, marking what promises to be the first of a number of investments in South Africa. Platmin is to raise a further $250m in a rights issue.
Angloplat has ‘more balanced cap structure’
Resources giant Anglo American says Anglo Platinum, the world's largest platinum producer, has a more balanced capital structure following its R12.5bn rights issue.
Angloplat rights offer fully subscribed
Anglo Platinum, the world's largest platinum producer, says 99.5% of its rights offer shares had been subscribed for under its R12.5bn rights offer.
Jubilee Platinum H1 loss expected to narrow
Jubilee Platinum expects its loss per share and headline loss per share for the six
months to end December 2009 to be between 70% and 73% lower compared to the
previously reported corresponding period.
Metorex puts in an extra Ruashi hedge
With more than R586m flowing into the company, Metorex has put in an extra copper hedge at its Ruashi project to ensure it can repay a $100m loan if the metal's price falls.
African Eagle’s Ngasamo Hill on track
African Eagle Resources, the AltX-listed mineral resources company, has reported further positive drilling results from the Ngasamo Hill Deposit at its Dutwa Nickel project in Tanzania.
Zambia copper output falls in January
Zambian January copper production falls 13pct year-on-year on mine closures.