PAF to mine Mozambique gold by 2012
Pan African Resources said it hoped to produce gold from its Mozambican projects by 2012 following completion of a feasibility study.
HolGoun is still willing to talk to Lonmin
The HolGoun Group, whose subsidiary Keysha Investments was awarded a prospecting right over a portion of Lonmin's property in the Bushveld, says has and continues to be willing to find an amicable solution with Lonmin.
Impala talks fail, teeters on strike
Miners at Impala Platinum, the world's second largest platinum producer, edged towards a strike last night as talks for a 10% pay increase fell apart.
AngloGold to keep hedge options open
AngloGold Ashanti's Mark Cutifani says the group will keep an open mind on removing the remainder of its hedge book, now less than a year's production.
Platmin focus on boosting Q3 perfomance
Unkind weather, between April and May, and reconstruction of the pinion at the Merensky mill slowed down Platmin's operational perfomance during Q2.
High stockpiles may slow China’s coal shipments
Some Chinese buyers are seeking to defer the delivery of prompt thermal coal shipments by at least a month, citing high stockpiles at the country's ports, sources from three affected trading firms say.
Lonmin to fight Keysha, exposure ‘minimal’
Lonmin is back in full control of its operations but unfinished business includes the dispute with Keysha Investments and what to do about former director Sivi Gounden.
Aurora confirms illegal miner deaths
Aurora Empowerment Systems claims illegal mining has cost the company at least R80m worth of damages at its East Rand operations. Four illegal miners perished at its Grootvlei mine.
Impala earnings up to 25% lower
Full year share earnings for Impala Platinum could be up to a quarter lower owing to a share-based expense.
Firestone Energy increases Waterberg resource
Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.