Politicians ‘lack will’ on acid mine water
There is no political will to deal with the acid mine water problem, says the CEO of the Federation for a Sustainable Environment.
Rockwell trims fundraising target
Rockwell Diamonds has scaled down its plans to raise C$35.3m in new funds, opting to aim for $20m instead.
Coal law could benefit SA exporters
Draft legislation in Indonesia could prove very profitable for South African coal exporters seeking to export lower quality coal to India and China.
Metorex output stays flat
Copper producer Metorex has said first-half copper output rose 1% compared with the preceding six-months, while production of cobalt fell 6%.
Merafe expects sharp drop in earnings
Ferrochrome producer Merafe Resources expects sharply lower earnings for the six months to June and is cutting back production because of current weaker market conditions.
Zimbabwe rejects all indigenisation proposals
Zimbabwe has rejected all 175 local ownernship proposals it received from foreign mining companies.
Flooding continues to impact BHP Billiton
BHP Billiton has reported a bigger-than-expected quarterly jump in metallurgical coal production from flood-hit eastern Australia.
Coal workers want ‘reasonable’ offer
At the start of wage negotiations in the coal sector, unions demand a 14% wage hike, while firms offer 5%.
China cool on ‘expensive’ SA coal
The price of importing South African coal into China has fallen to be nearly on par with Chinese domestic rates, but buyers are not biting, industry players say.